WASHINGTON — The still Republican-controlled Senate is looking to hold an oversight hearing on bankruptcy reform this Congress.
|The Administrative Oversight and the Courts Subcommittee has scheduled a hearing Dec. 6 on the implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act that went into effect last October. CUNA and NAFCU both strongly supported the legislation that aimed to prevent gaming of the bankruptcy system and force debtors who could pay back some of their debts to do so. Both groups were aware of the hearing, but did not have much to say about it.
|Initially, credit union lobbyists were saying that the lame duck session might be short if control changed hands from the GOP to the Dems, but Congress was in a full week last week and is expected to work at least another week at the beginning of December.
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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
