Our financial system is outdated and ineffective.
This complex and often punitive system does more for corporate creditors than it does for families in need — which is exactly why Senator Elizabeth Warren and I have introduced the Consumer Bankruptcy Reform Act of 2020.
It's time to start making the bankruptcy system easier for individuals and families to navigate and ultimately get back on their feet.
Add your name in support of mine and Senator Warren’s bill and send a message to Congress to vote yes on the Consumer Bankruptcy Reform Act! [[link removed]]ADD YOUR NAME [[link removed]]
Americans deserve bankruptcy laws that protect them. Here’s how this act will do just that: *
Makes
the
process
easier
and
less
expensive
by
replacing
the
two
consumer
bankruptcy
chapters
with
a
single
system
to
streamline
the
process
and
reduce
fees
*
Ensuring
filers
can
care
for
themselves
and
their
families
during
the
process
by
helping
renters
avoid
eviction,
making
student
loan
debt
dischargeable,
and
allowing
people
to
protect
their
homes
and
cars
during
the
process
*
Addressing
racial
and
gender
disparities
in
the
system
by
preventing
people
from
obtaining
relief
for
debts
arising
from
civil
rights
violations
and
exempting
sources
of
income
and
assets
traceable
to
alimony,
child
support,
the
child
tax
credit,
and
the
Earned
Income
Tax
Credit
*
Closing
loopholes
like
the
“Millionaires
Loophole”
and
the
“spendthrift
clause
loophole”
that
allow
the
wealthy
to
exploit
the
system
*
Cracking
down
on
predatory
practices
and
holding
corporate
wrongdoers
accountable
Add your name here today, so Congress can know that Americans support an equitable bankruptcy system! [[link removed]]
Onward,
Jerry
Jerry Nadler is a Representative to Congress who works for the voters of New York City’s 10th Congressional District. As Chair of the House Judiciary Committee, Jerry has oversight over some of the most important issues facing America. Jerry strongly believes in justice for all and a democracy that represents people, not special interests. Click here to chip in and help Jerry keep fighting for us in Congress. [[link removed]?]
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