Katrina Bankruptcy Relief Bill - Can We Hope?

Posted on September 29, 2005 by Kevin Chern Esq.

Quite a few people have been asking around as to what the story is with a Bankruptcy Relief Bill for Katrina victims. There has been much speculation and a hefty dose of rumors.

The bill that comes closest to the mark (at least from a consumer and a consumer advocates' perspective) is titled the "Hurricane Katrina Bankruptcy Relief and Community Protection Act of 2005" and has been put forth by Feingold, Landrieu, Lieberman, Obama, Boxer and Feinstein and H. Clinton (among others).

It is currently scheduled to be "marked up" by the Senate Judiciary Committee next week, however, as mentioned in an earlier post, it may never get officially 'heard'.

For what it's worth - I've posted it for you here. Download file

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