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Fairness and Necessity of Bankruptcy Laws

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I do a lot of work with smaller companies that are in severe financial difficulty. I constantly hear comments, from others, that bankruptcy is a "dodge" and it allows less than honest business owners to scam their creditors and emerge "clean".

Do you think that the bankruptcy laws are necessary, are fair and are good for the economy?

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This solution discusses bankruptcy laws.

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I think that bankruptcy laws are necessary and fair and are good for the economy. Bankruptcy laws were ...

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