Skip to main content

%1

S. 679, the "Honoring American Veterans in Extreme Need (HAVEN) Act of 2019"

Submitted by jhartgen@abi.org on
Under current bankruptcy law, disability benefits paid by the Department of Veterans Affairs and the Department of Defense are included in the calculation of a debtor’s disposable income, which increases the portion of the debtor’s income that is subject to the reach of creditors. By contrast, current bankruptcy law explicitly exempts Social Security disability benefits from this disposable income calculation.
 
To eliminate this unequal treatment of disability benefits, the HAVEN Act would exclude VA and DoD disability payments made to veterans or their dependent survivors from the monthly income calculation used for bankruptcy means testing.
ABI Tags
Article Tags

H.R. 1557, the "No Bonuses in Bankruptcy Act of 2019."

Submitted by jhartgen@abi.org on

To amend title 11 of the United States Code to prohibit the payment of bonuses to highly compensated individuals employed by the debtor and insiders of the debtor to perform services during the bankruptcy case; and for other purposes.

ABI Tags
Article Tags

S. 603

Submitted by jhartgen@abi.org on

A bill to amend the Financial Stability Act of 2010 to require the Financial Stability Oversight Council to consider alternative approaches before determining that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System, and for other purposes.

ABI Tags
Article Tags

H.R. 1430

Submitted by jhartgen@abi.org on

To provide that chapter 1 of title 9 of the United States Code, relating to the enforcement of arbitration agreements, shall not apply to enrollment agreements made between students and certain institutions of higher education; and to prohibit limitations on the ability of students to pursue claims against certain institutions of higher education.

ABI Tags
Article Tags