A bill to amend title 11, United States Code, to limit claims in bankruptcy by certain unsecured creditors.
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.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S11437-11438, S11439)
Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S11439)
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