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Bankruptcy Bill Will Be Tough on Debtors

Only Available in Archive Formats.
Bankruptcy Bill Will Be Tough on Debtors

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Bankruptcy Bill Will Be Tough on Debtors

Bankruptcy Bill Will Be Tough on Debtors

Only Available in Archive Formats.

NPR's Ed Gordon talks to Sen. Charles Grassley (R-IA) and Sen. John Corzine (D-NJ) about the bankruptcy bill passed by the Senate last week. Critics and consumer advocates say the new bill, which President Bush has promised to sign, will make it harder for consumers trying to get out of debt and make a clean start. The banking and credit card industry support the bill and say it's long overdue.