Title

"Compass Points" piece reporting that the Bankruptcy Abuse Prevention and Consum

Authors

Jeff Gramlich

Source

Mainebiz

Date

6-13-2005

Pages

18

Abstract

"Compass Points" piece reporting that the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, with its "keep-you-poor-for-a-long-time" penalties, combined with high health care costs, increase the risks of entrepreneurship. The law could have a chilling effect in Maine, where small business employs more people than big business. It will be much harder for failed entrepreneurs to learn from their mistakes and start over again.

Subjects

Bankruptcy

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