By the way, I'm certainly in favor of reasonable measures to reduce backruptcy fraud, such as the disallowing of excessive excemptions available only to the wealthy. For example, the exemption for assets placed in an Asset Protection Trust, or the unlimited homestead exceptions like they have in Texas and Florida, where your "primary residence" can't be taking from you if you declare bankrupcy, even if it is a $25 million dollar home.
But of course, both those loopholes remain untouched in this law. No, no, the corporate overlords behind this monsterous bill wouldn't go for anything that might prevent them from avoiding paying their bills.
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