Thursday, September 01, 2005
Bankruptcy and natural disaster
Atrios on Eschaton: Bankruptcy.
**I guess I'll be hanging around for a couple more hours. The carpool called from around Olathe KS. My mission... to find a Barbeque place in town.
Rep. John Conyers, Jr., Rep. Mel Watt, Rep. Jerrold Nadler, and Rep. Sheila Jackson Lee announced today that when Congress returns next Tuesday, they will introduce legislation to protect the thousands of families and small businesses financially devastated by Hurricane Katrina from being penalized by anti-debtor provisions contained in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, scheduled to take effect on October 17, 2005. Reps. Conyers, Nadler, and Jackson Lee released the following joint statement:We need to watch and see who (Democrats and Republicans, both) votes for, and who votes against this legislation. If any vote against it, we will know that they are the greedy bastards who have no thought for decency toward their fellow men, and are not representatives of the people, but representatives of big money.
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The legislation we plan to introduce will prevent new bankruptcy provisions from having adverse and unintended consequences for the hundreds of thousands now facing financial catastrophe by providing needed flexibility for victims of natural disasters in bankruptcy proceedings...
**I guess I'll be hanging around for a couple more hours. The carpool called from around Olathe KS. My mission... to find a Barbeque place in town.
