S 1879 · 109th Congress · Finance and Financial Sector

Bankruptcy Prevention Credit Counseling Act of 2005

Introduced 2005-10-17· Sponsored by Sen. Akaka, Daniel K. [D-HI]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S11439)(2005-10-17)

Plain Language Summary

[AI summary unavailable — showing source text] Bankruptcy Prevention Credit Counseling Act of 2005 - Amends federal bankruptcy law governing allowance of claims or interests to direct the court to allow a claim to which an objection has been raised, except to the extent that the consumer debt is an unsecured claim arising from a debt to a creditor that does not have a policy of waiving additional interest for all debtors who participate in a debt management plan administered by a nonprofit budget and credit counseling agency.…

Summarized by Claude AI · Non-partisan · For informational purposes only