Pre-filing Protections for the Debtor
The United States Supreme Court may have said it best in Local Loan v. Hunt when it explained: “[o]ne of the primary purposes of the Bankruptcy Act is to relieve the honest debtor from the weight of oppressive indebtedness, and permit him to start afresh” with “a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of pre-existing ... ................
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