New Bill Seeks to Make Bankruptcy Easier For Consumers Hit by Pandemic Recession
Congress
New Bill Seeks to Make Bankruptcy Easier For Consumers Hit by Pandemic Recession
2020-12-14 14:55:51
by Tom Ramstack

WASHINGTON -- Democratic members of Congress are trying to throw a lifeline to families and individuals teetering toward financial disaster during the COVID-19 pandemic with a new bill designed to make claiming bankruptcy easier. The Consumer Bankruptcy Reform Act introduced... Read More

Despite McConnell Comment, States Can’t Go Bankrupt, Only Default
Political News
Despite McConnell Comment, States Can’t Go Bankrupt, Only Default

WASHINGTON — Senate Majority Leader Mitch McConnell’s suggestion last week that he’d rather let states go bankrupt than see Congress rescue their coronavirus-decimated budgets raises the question: What would a state bankruptcy look like? It would first require Congress to... Read More

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