Overhaul of bankruptcy laws faces battle ahead

[JURIST] The US Senate Judiciary Committee [official website] Thursday approved S. 256, the Bankruptcy Abuse and Consumer Prevention Act of 2005 [PDF], a measure that would make it tougher for consumers to erase debt in bankruptcy proceedings, but battle lines are being drawn on the Senate floor. Amendments will likely be introduced that further protect certain groups such as military personnel, along with an amendment that would prohibit abortion protesters from using bankruptcy as a shield to paying court fines. Such amendments have successfully derailed prior attempts to toughen the bankruptcy rules. AP has more information.



 

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