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  • WisBar News
    June
    11
    2003

    House passes bankruptcy fraud bill

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    The House passed a bill designed to help people whose credit histories are damaged by bankruptcy filings that have been maliciously filed by third parties.

    House passes bankruptcy fraud bill

    June 11, 2003

    The House passed a bill designed to help people whose credit histories are damaged by bankruptcy filings that have been maliciously filed by third parties. Judiciary Committee Chairman F. James Sensenbrenner Jr. introduced HR 1529 after a frivolous bankruptcy involuntary bankruptcy petitions were filed against a sheriff and other public officials in retaliation for the foreclosure of a property for back taxes in Ozaukee County.

    Under the bill bankruptcy courts would be required to remove from their records all details related to involuntary filings in cases where the court dismisses the filing. The bill also would bar credit reporting agencies from issuing reports containing any reference to such filings if the court dismisses the bankruptcy petition.

    In May, Sen. Russell D. Feingold filed a companion bill, S 1128. That version has been referred to the Senate Judiciary Committee.