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Bankruptcy Bill Faces Opposition.(Brief Article)

Mortgage Servicing News

| October 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Only one quarter of Americans say President Bush should sign bankruptcy reform legislation being advanced by the lending industry, according to a Consumer Federation of America survey.

The legislation would make it more difficult for consumers to escape indebtedness through bankruptcy proceedings.

By contrast, nearly half of those surveyed said the president should veto the bill. The CFA has been marshaling opposition to the legislation.

"Americans don't support a harsh and one-sided ...

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Source: HighBeam Research, Bankruptcy Bill Faces Opposition.(Brief Article)

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