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Bankruptcy Reform Slips Off Agenda.(after terrorist attacks)(Brief Article)

Mortgage Servicing News

| December 01, 2001 | Venetis, Kyriaki | 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

The long-awaited, pro-creditor bankruptcy reform bill that would make it harder for consumers to file, now looks like it may be permanently off the table.

For the mortgage servicing industry, the passage of this bill would mean one less impediment - in many cases - in the process of trying to collect on defaulting loans. Sam Gerdano, executive director of the American Bankruptcy Institute, said the bill "is one of the many ...

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