Bankruptcy Bill Takes Aim at the Little Guy

Re “Bankruptcy Requirements to Get Tougher,” April 15: I’d like to congratulate Congress for pushing through legislation designed to help protect all Americans from higher credit card fees and interest rates. I’ve been so worried about my poor credit card company as it continued to struggle over increasing profits year after year.

Those lazy people who lose their jobs or have the nerve to get sick will get what they deserve. How irresponsible of them! Now my credit card company can offer me the lower rate I deserve.

That is the plan, right? Surely, President Bush wasn’t lying when he said these were “common-sense reforms”?

Jim Rhyne

Los Angeles

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Congress has sold out the people of this country in favor of the banking and credit industry. The newly passed bankruptcy bill requiring repayment of credit card debt is recent history’s biggest curtailment of the rights of the people who have to file bankruptcy.

The credit industry purports to support this bill because “people should be responsible and pay their debts.” This ignores the total irresponsibility of the credit industry in sending out credit cards to anyone regardless of credit-worthiness or history.

When the inevitable happens and some people find themselves over their heads in debt to credit card companies with late charges and over-limit charges piling up, they howl that the creditor should pay everything. This makes no sense, is in derogation of the rights of citizens to file bankruptcy when necessary, and is hypocritical.

Charles Dodson

Long Beach

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This new bankruptcy bill proves we have the best government that credit card company money can buy.

Brad Upton

North Hollywood