Congress had a flurry of legislative activity before leaving for the Christmas recess on Dec. 22, completing action on some legislation changing the legal landscape on bankruptcy. However, several bills affecting the bankruptcy process, inc…
Congress moved quickly to enact legislation authorizing federal courts, including bankruptcy courts, to hold court sessions outside their usual places of business. The law is called the Federal Judiciary Emergency Special Sessions Act of 20…
Senate Banking Committee members criticized a number of credit card industry marketing and fee practices during an oversight hearing on May 17. Several members of the committee, including committee chair Richard Shelby (R-Ala.), expressed c…
The Senate Permanent Subcommittee on Investigations, following up on prior hearings and recommendations, has released a bipartisan report critical of credit counseling industry practices. The report also calls for a number of reforms. "Over…