Really, Really, Really Bad Ideas, Maryland Edition

The Legislature is looking at changing the law to allow for profit debt counseling services to operate in MD.

The change is being driven by Columbia based AscendOne Corp.:

AscendOne's business practices are being reviewed by attorneys general in Maryland and several states, government sources briefed on the investigations said. The sources asked to remain anonymous because the investigations are ongoing.

We have an industry with a reputation for dishonesty and fraud. One where the business is exploding because of the requirement for credit counseling under the new clusterf*** US bankruptcy law, so at the behest of one of the dubious actors in this dishonest industry, the legislature is looking at making things even worse.

Sounds like business as usual in Annapolis.