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Credit Counselors and the Bankruptcy Bill

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Credit Counselors and the Bankruptcy Bill

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Credit Counselors and the Bankruptcy Bill

Credit Counselors and the Bankruptcy Bill

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  • <iframe src="https://www.npr.org/player/embed/4582254/4582255" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Congress is expected to make it more difficult for consumers to declare bankruptcy. One of the bill's provisions requires debtors to undergo credit counseling before filing for bankruptcy. Deanne Loonin of the National Consumer Law Center tells Steve Inskeep she's concerned that disreputable credit counselors will do more harm than good.

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