Lawsuit Challenges New Bankruptcy Law
Fri May 12, 12:36 PM ET
NEW HAVEN, Conn. - Organizations representing thousands of attorneys are challenging the nation's tough new bankruptcy law, saying it illegally restricts the advice lawyers can give and makes it harder for clients to navigate the bankruptcy system.
A lawsuit filed in U.S. District Court in Hartford on Thursday claims that the law treats attorneys the same as unlicensed document preparers or credit counseling firms, which are required under the new law to give specific advice — including not to go deeper into debt. >>>cont
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NEW HAVEN, Conn. - Organizations representing thousands of attorneys are challenging the nation's tough new bankruptcy law, saying it illegally restricts the advice lawyers can give and makes it harder for clients to navigate the bankruptcy system.
A lawsuit filed in U.S. District Court in Hartford on Thursday claims that the law treats attorneys the same as unlicensed document preparers or credit counseling firms, which are required under the new law to give specific advice — including not to go deeper into debt. >>>cont
Link Here
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