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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 22, 2005

Page

11

Commencement ideals and the call to global responsibility

The Gazette reflects on graduation speeches and the role of students in shaping a troubled world. It notes global conflicts, discrimination, poverty, and environmental issues while urging graduates to apply classroom lessons to uplift life and inspire others, honoring parents and families who witness their growth.

Edward Elgar America Afghanistan Iraq

Reform law on bankruptcy could curb incentives and risk

David Frankel of Iowa State University critiques a new bankruptcy reform that creates a means test, restricts Chapter 7, and imposes credit counseling. The proposal encourages gaming the system, limits homestead exemptions, and could slow innovation and economic growth while raising costs for debtors.

David Frankel West Des Moines Iowa State University

New bankruptcy law aims to curb abuses and boost counseling

The measure tightens bankruptcy rules to stop abuses by those who exploit prior laws, requires credit counseling and an approved educational course, and shifts more liability to attorneys. It faces debate over access, costs, and potential effects on consumers and credit grants. Scott Shook notes NCFCCS response and 22 years of service in Cedar Rapids.

Congress U.S Federal Trade Commission IRS Ftc.gov National Foundation For Credit Counseling Scott Shook Consumer Credit Counseling Service Family Services Cedar Rapids

Also Mentioned on This Page

the Gazette India China Mexico Iowa City Marshalltown Tives Mom Grandpa Grandma United States Bush Cayman Islands Iowa Chuck Grassley Mark Bowden Doug Neumann Dave Storey Kim Hefley Peg Schmitz Scott Swenson
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