Categories
Uncategorized

A Biden Win Could Bring Big Changes to Consumer Bankruptcy

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com.
https://www.wsj.com/articles/joe-biden-win-poised-to-bring-big-changes-to-consumer-bankruptcy-11604399400
A Joe Biden presidency could open the door to the first major revision in 15 years to the nation’s consumer bankruptcy laws, a critical financial backstop for Americans overwhelmed by debt.
Mr. Biden, the Democratic presidential candidate, has proposed changes that would make it easier for struggling borrowers to file for bankruptcy and reduce the cost of doing so, embracing Sen. Elizabeth Warren’s platform for rolling back amendments to the bankruptcy code he voted for when he was a senator in 2005.
Overhauling…
Copyright 2020 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

source

Leave a Reply

Your email address will not be published. Required fields are marked *