A group of Democratic members of Congress are proposing that survivors of hurricane Katrina be exempted from the nation’s new bankruptcy law that goes into effect on October 17. The law will make it harder for individuals to file for bankruptcy. A group of Congress members wrote, “We are concerned that just as survivors of Hurricane Katrina are beginning to rebuild their lives, the new bankruptcy law will result in a further and unintended financial whammy.”
Democrats Try To Shield Hurricane Survivors From Bankruptcy Law
HeadlineSep 09, 2005