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WASHINGTON-Being a proponent of bankruptcy reform is something like being a Red Sox fan, Senate Banking Committee Member John Sununu (R-N.H.) explained. “I honestly believe this is the year,” he said, just like Red Sox fans who had gone without a World Series win in several decades. Bankruptcy reform has been very close to passage several times over the nearly decade it has been in Congress. Sununu said he hoped the bill would parallel the class action reform legislation that passed quickly through the Senate, then the House and was signed into law the next day by the president.

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