The United States has some of the most lenient toward debtors (at least for business owning debtors) bankruptcy
laws in the world.
Do you think this is a good system? Why or why not?
Lastly, if you could change one thing about our current bankruptcy system, what would it be and why?
the system of having extremely lenient bankruptcy laws is a very good system as it is more debtor friendly. it enables the... View the full answer