In Essence

The Debtor's Countryman, in The Nation (Sept. 4,
Dilemma 1976), 333 Sixth Ave., New York, N.Y.
The Federal Bankruptcy Act falls far short of giving the debtor the
"fresh start" the Supreme Court said was one of the law's primary
purposes, writes Countryman, professor of law at Harvard. It's like
"applying a Band-Aid to a gaping wound."
Originally passed Congress in 1898, the Act was last revised sig-
nificantly in 1938 and still reflects the attitudes and...