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06/19/2005

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VV Cambridge

This is a helpful analysis. Judge Posner, do you have any ideas to share on the new bankruptcy law? I have not begun to research it yet. Here is what I am interested in: is it your understanding that medical bankruptcy is now also changed under the new law. What I mean is, is someone goes into debt because they have a health condition and he/she have no heatlh insurance, is that no longer dischargeable? I mean people use thier credit cards to pay for health services. I am interested in all sorts of scenarios. I do not object much to the new law as it applies to debtors who used thier credit cards to indulge in luxuries but for health care? health care of a child? If this is the case--that the new law prevents discharge of medical bills-why didn't Congress make a deal-give the banks et al thier new law but get some benefit for the American people-like some form of health insurance? Will the judiciary have some leeway on dischargeable debts under the new law--will the judiciary be able to look at the nature of the debt?
VV
PS Your book Sex and Reason-good book

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