It hurts everybody when somebody declares bankruptcy, ... It is harder on small businesses, no doubt, because they have fewer people to spread the work out of collection. It used to be that people would declare Chapter 7 and walk away from it. The objective of the new law is that people don't walk away from it and leave other people holding the bag.  -   Michael Graham     Quotes
It hurts everybody when somebody declares bankruptcy, ... It is harder on small businesses, no doubt, because they have fewer people to spread the work out of collection. It used to be that people would declare Chapter 7 and walk away from it. The objective of the new law is that people don't walk away from it and leave other people holding the bag. Michael Graham
 Doubt