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U.S. Lawmakers Debate Personal Bankruptcy Bill

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U.S. Lawmakers Debate Personal Bankruptcy Bill

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U.S. Lawmakers Debate Personal Bankruptcy Bill

U.S. Lawmakers Debate Personal Bankruptcy Bill

  • Download
  • <iframe src="https://www.npr.org/player/embed/4524258/4524259" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

This week, Congress opened debate on the latest version of a bill that would make it harder for Americans to declare personal bankruptcy. The bill, however, is encumbered by many provisions that could stall its passage. Melissa Jacoby, a law professor at the University of North Carolina, also describes the circumstances surrounding Americans declaring personal bankruptcy.