WASHINGTON-Bankruptcy reform legislation could be on the table for consideration this fall, NAFCU Vice President of Legislative and Political Affairs Brad Thaler said. According to Thaler, the Senate’s recent extension of the farm bankruptcy package through the end of the year has cleared the way for action of the full bankruptcy reform package. That is significant because, he said, H.R. 975 will permanently extend the farm bankruptcy provisions. “It clears the way for bankruptcy consideration again in the fall to try and get it through by the end of the year,” Thaler explained. “Otherwise, Congress will have to act again on the farm bankruptcy provisions before the end of the year.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.