11:00 AM
All Hail the Wisdom of the Senate
Letter from House Judiciary Committee Chairman James Sensenbrenner (R-Wis.)
"The loss of income and additional expenses that these victims incur as a result of a hurricane or other natural disaster are implicitly the kind of special circumstances that Congress envisioned would constitute an exception to the [Bankruptcy] Act's means test reforms."
The response from Assistant Attorney General William Moschella:
- no need for credit counseling for storm victims. - field personnel were instructed to exercise "appropriate restraint and discretion favorable to hurricane victims."