BREAKING NEWS ~ US House passes bankruptcy bill

[JURIST] AP is reporting that the US House has approved the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 [bill summary] by a vote of 302-126 [House roll call]. The legislation, designed to make it harder for those in debt to file for Chapter 7 bankruptcy and already passed by the Senate [JURIST report], will now go to President Bush for his signature. AP has more. JURIST's Paper Chase has background [JURIST report].

 

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