A Modest Proposal
Given bankruptcy reform that has made things harder for individuals, how about some protection for consumers?
When a company goes BK, consumers should be put in line ahead of commercial vendors. For example, airline ticket holders should get refunded ahead of all nonsecured debt. A company that sells gas to Delta should be behind an individual with a flight from Atlanta to LA.
When a company goes BK, consumers should be put in line ahead of commercial vendors. For example, airline ticket holders should get refunded ahead of all nonsecured debt. A company that sells gas to Delta should be behind an individual with a flight from Atlanta to LA.
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