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WASHINGTON — Discussing a hearing that took place last week in a subcommittee of the House Judiciary Committee, CUNA Vice President of Legislative Affairs Dean Sagar said the time is not right yet to measure the effect of the credit union supported Bankruptcy Abuse Prevention and Consumer Protection Act.

“The purpose is to study the impact and operation of the bankruptcy act over the past two years,” Sagar explained. He said that CUNA submitted testimony for similar Senate hearing in December. This earlier written testimony was provided as background to the House committee staff.

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