Thursday, April 21, 2005

Bankruptcy bill signed by Bush

amNewYork

Bankruptcy bill signed by Bush

WASHINGTON President Bush signed a bill yesterday that will make it harder for debt-ridden people to wipe clean their financial slates by declaring bankruptcy. The legislation was strongly opposed by consumer rights activists who said it would prevent
vulnerable Americans from getting the fresh start they need. But Bush said the law was “restoring integrity to the bankruptcy process.”