| This vote was on final passage of an overhaul of bankruptcy law. It would place more restrictions on Americans who file for bankruptcy. The bill would mean more legal and paperwork burdens for lower-income families while creditors gain more opportunities to file lawsuits against borrowers. Also, this dream bill for banks and credit card companies does not require loaners to provide information about how long it would take to pay off the credit balances and what borrowers total costs would be if they made minimum payments on their debts. Passed 83 Yea to 15 Nay. |