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"Are we going to get any rules clamping down on abusive consumer practices? You know, like borrowing and not paying back according to their side of the agreement. Are we going to get some rules clamping down on that?"

The bankruptcy changes a couple of years ago, did attempt to make it more difficult for higher income debtors to completely walk away from their debt.

At the time there was much to do about it resulting in people being required to meet a draconian multi-year payment plan. There was a significant increase in bankrupties just before the new regulations were implemented. Overall, I don't believe that the changes have made much difference.
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