The people coming out of bankruptcy need an opportunity to get back on their feet. If you take away the opportunity to get credit, it's like taking away the want ads from a job-seeker.
More Quotes from Laura Fisher:
There is a good bit of misinformation out there. There are people who don't understand the basic tenets of the bill. Statistically, 80 percent of people filing for bankruptcy make less than their state's median income.Laura Fisher
The new bankruptcy law, ... is really targeted at the 5 percent to 10 percent of people who were abusing the system.
Laura Fisher
We anticipated that there would be a spike in bankruptcy filings when the law went into effect. But we anticipate fewer bankruptcy filings in the future. This law will be targeting people who were getting away with bankruptcy murder by discharging bills they could pay.
Laura Fisher
Credit counseling is as important as legal counseling.
Laura Fisher
They just don't have the human resources to run the bank and then to read and analyze and comply with thousands of pages of regulations.
Laura Fisher
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