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I have a lawyer friend who specialized in bankruptcy in Michigan. She told me that the new laws kick in in October. The entire bankruptcy law industry is going through something similar to what the adult industry is going through on 2257. She said - and I am NOT quoting her - the new bankruptcy laws were written specifically to protect banks and are VERY bad for the petitioning lawyers, the citizens, and even the automotive financing companies (GMAC, Ford Motor Credit, etc). She said that if you are going to file, file now while the filing is still good.
They are in Chicago right now having their big convention about what to do with these new laws.
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