What are the positive and normative implications of eliminating bankruptcy protection for indebted individuals? Without … bankruptcy protection, creditors can collect on defaulted debt to the extent permitted by wage garnishment laws. The elimination …

A debtor’s right to have his or her debts dismissed or discharged via a bankruptcy proceeding is referred to as the law …’s “fresh start” provision. Fresh start has been — and continues to be — a controversial feature of the U.S. bankruptcy law …. Lately, the law has come under scrutiny because of the dramatic rise in personal bankruptcy filings over the past 25 years …