HR 870 · 95th Congress · Finance and Financial Sector

A bill to amend the Bankruptcy Act to provide a priority for certain debts to consumers.

Introduced 1977-01-04· Sponsored by Rep. Fenwick, Millicent H. [R-NJ-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on the Judiciary.(1977-01-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Bankruptcy Act to establish in the order of payment out of bankrupt estates, a priority for consumers on account of a deposit of money made in connection with the purchase, lease, or rental of goods or services for personal, family or household use which were not delivered; or on account of a cause of action based on breach of warranty of fitness or merchantability or breach of express warranty or service contract with respect to the purchase, lease, or rental of goods or services for personal, family, or household use.…

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