00-00-0000 SENATE PASSES BANKRUPT...
00-00-0000
SENATE PASSES BANKRUPTCY REFORM BILL WITH not many AMENDMENTS Measure May
Face Further Opposition When Reconciled With House Version
Mar 21 2001 (Card News/Phillips Publishing via COMTEX) -- When the
U s Senate voted 83-15 in favor of bankruptcy reform legislation
last Thursday, the industry came undivided very large step closer to closing
what many card issuers diocese as a loophole that popularly allows debtors
to walk away from obligations they can afford to repay. The ballot came
two weeks to the day that the House of Representatives approved its
own version of the bankruptcy
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