AZ Attorney Revisits President’s Promised Credit Card Reform

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Mesa AZ bankruptcy attorney, Lawrence 'D' Pew, of the Pew Law Center examines candidate Obama’s promised credit card reform in Part 2 of “Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review.”

With the election upon us in a few short weeks, it is essential that voters look carefully at President Obama’s track record

Mesa bankruptcy attorney Lawrence ‘D’ Pew has released Part 2 of “Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review,” highlighting the author’s reflections on candidate Obama’s past promises to the American people.

In “Part 2: Obama Signed Credit Card Reform Legislation into Law,” the author discusses how President Obama’s promise of consumer protection came to fruition with passage of the Credit CARD Act of 2009.

In this second segment of A Presidency in Review, the Arizona attorney revisits pre-election speeches promoting consumer credit card reform as made by a then campaigning presidential hopeful. “With the election upon us in a few short weeks, it is essential that voters look carefully at President Obama’s track record,” explains Mr. Pew, “and this was a promise kept.”

Mr. Pew further discusses the current administration’s “critical elements of reform” and what was known as the consumer credit cardholders’ bill of rights. But he also delves deeper into the question of whether the Credit CARD Act has significantly changed the financial lives of most Arizonans who continue to struggle with burdensome credit card debt.

In Obama Signed Credit Card Reform, Mr. Pew writes in part: “Credit card reform was long overdue, it was certainly a popular cause for the President to champion. The increased consumer protections under the Credit CARD Act are far-reaching, but still do not go far enough.”

For the complete Presidency in Review series by Attorney Lawrence ‘D’ Pew, please call the Pew Law Center at 480-745-1770.

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Lawrence 'D' Pew is an experienced tax, bankruptcy, and transactional lawyer. He is the founder and managing attorney of the Pew Law Center, PLLC, a leading Arizona tax and bankruptcy law firm focused exclusively on debt relief. With law offices in Mesa, the firm serves Arizona residents in the greater Phoenix area, including Scottsdale, Mesa, Tempe, Gilbert, and Chandler. A client-oriented law firm with a mission to always exceed client expectations, the Pew Law Center has helped over 2,000 people file for bankruptcy and eliminate over $100 million in debt.

Visit the Pew Law Center, PLLC, at http://www.PewLaw.com.

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