Congress Passes Bankruptcy Reform Bill, Houston Attorney Robert B. Hinsley Says, 'You Don't Need Bankruptcy!'.HOUSTON -- Recently Congress passed the most sweeping bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most reform legislation in more than 25 years, seriously reducing the ability of consumers to file for bankruptcy. Houston attorney Robert B. Hinsley says, "So what! While this bill makes it harder for consumers to file for bankruptcy, in the state of Texas most consumers benefit from bankruptcy only when they have more than several million dollars of debt. Bankruptcy will hurt more people than it helps. This bill slams the door to bankruptcy shut, but credit card consumers don't need it anyway." Hinsley strongly agrees with the nationwide opponents of the bill who say the change would fall especially hard on low-income working people, single mothers, minorities and the elderly, and would remove a safety net for those who have lost their jobs. "Congress simply sold out to the credit card industry," says Hinsley. A tough consumers' defense attorney, Hinsley has been fighting credit card companies for his clients for more than nine years. A practicing attorney for more than forty years, Hinsley helps his clients avoid bankruptcy by reducing their credit card debt Credit card debt is an example of unsecured consumer debt, accessed through ISO 7810 plastic credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. using laws already written to protect the consumer. "Credit card companies are just plain greedy greed·y adj. greed·i·er, greed·i·est 1. Excessively desirous of acquiring or possessing, especially wishing to possess more than what one needs or deserves. 2. ," says Hinsley. "Our clients get immediate debt relief and long-term protection without resorting to bankruptcy. We've helped reduce or eliminate the credit card debt of more than 11,000 clients in Texas and elsewhere. Bankruptcy lawyers may be upset with this bill, but this bill won't affect our clients -- they'll still get the relief they need." About Robert B. Hinsley Robert B. Hinsley has forty years of experience in trial litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and consumer law and for the last nine years has represented his clients in credit card debt reduction without bankruptcy or consolidation. Hinsley is a long-time Houstonian who graduated from Reagan High School Reagan High School might refer to:
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , 77056; phone: 713-465-3304. |
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