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Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
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Knowledge of the New Bankruptcy Bill

Many Americans Have Not Been Made Aware of Key Aspects of the New Bankruptcy Bill

58% were not aware that the House bankruptcy bill would allow wealthy individuals in some states to declare bankruptcy and still own expensive homes.

51% were not aware that both the Senate and the House bankruptcy bills would not restrict credit card issuers from marketing or extending credit to those who cannot afford this credit.

48% were not aware that the bill is strongly supported by banks, finance companies and other creditors and is strongly opposed by consumer groups.
        Categories:  Bankruptcy,Polls
        Reporting Pub:  Consumer Federation of America
        Reporting Date:  5/9/2001
        Article Title:  NEW DATA: FEW AMERICANS WANT PRESIDENT TO SIGN BANKRUPTCY BILL
        Article Author: 
        Pub's Source:  Consumer Federation of America
        Source URL:  View details from source
 

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