Bankruptcy History

Posted On: 2006-06-29Length:

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Hey everybody, and welcome back to your Debt Podcast. This is show #67. My name is Jay Fleischman. I want to thank you all for taking the time to come on by and listen to the show. We've got some great news and information for you today, and some really interesting questions. I think that the conversation that we have in connection with those questions will be very, very fruitful for you. And so we're going to jump right into it. But before we do, I know that the last show was the first half of the history of bankruptcy. We're going to take a step back, we're going to do the second part of the history of bankruptcy, and that will be on a very, very, very upcoming show. However, I've decided to do a couple of shows before the second half of the history of bankruptcy, just because the questions are really piling up, and I don't want people to go for too long a period of time before getting the answers to their questions. I think that one of the main reasons that people are tuning in to the show, or subscribing, or clicking, it's not really tuning in, but you get the point. The primary reason is that people have questions that need to be answered, and that's really what I'm here for. The historical basis of bankruptcy law and how we got to where we are now is very important. And I think that it's interesting, but it doesn't really help people get the answers that they need to their specific questions. So we're going to do those questions now, and a couple more shows coming up before we do the second half of the history of bankruptcy. So, that's why this show you're not hearing more about the laws in the late 1800s through the 1900s.

So let's jump into the questions, shall we? First question. I have a question on behalf of my mom who is being harassed by collection agencies. My dad recently passed away and had a few credit cards with...