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Showing posts from July, 2020

7thirteen Day is Not Cancelled!

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Photo by Abby Kihano, Pexels.com While 7thirteen day may or may not be a holiday that I invented, taking a day to appreciate consumer bankruptcy laws in the United States is a pretty good idea.   It’s no less valid than “Barbershop Music Appreciation Day” and “National French Fries Day,” both celebrated on the same day.   In fact, you can easily celebrate all three holidays at the same time, which would surely also qualify as participating in the day’s fourth holiday: “Embrace Your Geekness Day.” Simply put, bankruptcy is a financial safety net that allows individuals to protect property while dealing with their debts with dignity.   Bankruptcy is a federal law, authorized in the U.S. Constitution.   It’s there because the framers wanted citizens to be protected from the debtors’ prisons that existed in England at that time.   Our bankruptcy system is not perfect, and can be devilishly complicated, but it’s a right worth celebrating, even more so in view of the COVID-19 epi