|
Headline: The end of easy bankruptcy relief Source: Euromoney Date: May 2001 New bankruptcy legislation making its way through the US Congress may have unintended consequences that could cause it to backfire on the banking industry. Reform of bankruptcy legislation in the US has been widely expected and indeed much lobbied for by banks over the past five years. The new bill, which among other measures would have the effect of making personal bankruptcy under Chapter 7 much more difficult, now looks as if it will get through the final obstacles of the Senate. |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
