Zywicki on the Newshour on PBS:

Although signed into law in April, most of the provisions of the bankruptcy reform legislation become effective today. If you are not sick of hearing about the topic, I will be discussing it on the Newshour with Jim Lehrer either today or tomorrow depending on the press of other business.

For those who wonder whether consumers respond to the incentives provided by the bankruptcy code, bankruptcy filings last week shattered all previous records.