


The NY Times has coverage on the bankruptcy bill - it left committee yesterday on a party-line vote, and will be scheduled for a full vote.
On a party-line vote of 22-13, the House Judiciary Committee approved the bill, which would make it harder for people to wipe away debts in bankruptcy. A lone Democrat, Rep. Rick Boucher of Virginia, joined the majority Republicans to support the legislation.Earlier in a daylong session, committee Democrats lost in a series of partisan votes when they proposed amendments to the bill.
Talking Points Memo's bankruptcy blog has the details on the failed amendments:
- An amendment by John Conyers (D-MI) protecting military personnel from predatory payday lenders;
- An amendment by Mel Watt (D-NC) exempting tuition costs from the expense calculation in the means test;
- An amendment by Adam Schiff (D-CA) protecting people whose bankruptcy is due to identity theft;
- An amendment by Howard Berman (D-CA) protecting bankruptcy filers who file due to medical crises;
- An amendment by Jerry Nadler (D-NY) which would make debts arising from civil rights violations non-dischargable in bankruptcy.
You can watch a webcast of the proceedings.
Posted by tunesmith at March 18, 2005 02:03 PM
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Can you go bankrupt from identity theft?
Posted by: Carl Nyberg at March 18, 2005 03:05 PM