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S. Rept. 105-253 1 (1998-07-21)

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                                                            Calendar No. 394

                    105TH CONGRESS               SEAEREPORT
                       2d Session                SENATE                   105-253





                           CONSUMER BANKRUPTCY REFORM ACT OF 1998




                                      JULY 21, 1998.-Ordered to be printed



                             Mr. HATCH, from the Committee on the Judiciary,
                                         submitted the following


                                             REPORT

                                             together with

                                 ADDITIONAL AND MINORITY VIEWS

                                            [To accompany S. 1301]

                      The Committee on the Judiciary, to which was referred the bill
                    (S. 1301) to amend provisions of title 11 and title 18, United States
                    Code, to provide for consumer bankruptcy protection, having con-
                    sidered the same, reports favorably thereon, with an amendment in
                    the nature of a substitute, and recommends that the bill, as
                    amended, do pass.

                                                CONTENTS
                                                                                   Page
                      I. Background  and  need  for  the  legislation  .....................................................  22
                      II. Committee and Subcommittee consideration in the 105th Congress ........  30
                      III.  Section-by-section  analysis  ............................................................................  34
                      IV .  C ost  estim ate  ................................................................................................. .  55
                      V .  Regulatory  im pact  statem ent  ........................................................................  65
                      VI. Additional views of Senator Patrick  Leahy  .................................................  66
                      VII.  Additional views of Senator  Herb  Kohl  .......................................................  67
                    VIII. Additional views of Senators Richard J. Durbin, Russell D. Feingold,
                          Dianne Feinstein, Herb Kohl, and Robert G. Torricelli .......................... 69
                     IX. Additional views of Senator Richard J. Durbin  .........................................  73
                     X. Minority and dissenting views of Senator Edward M. Kennedy and
                          Senator R ussell  D . Feingold  ......................................................................  77
                     XI. Changes in existing law  made by the bill, as reported  ..............................  99
                     The amendment is as follows:
                     Strike all after the enacting clause and insert the following:
                     SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
                     (a) SHORT TITLE.-This Act may be cited as the Consumer Bankruptcy Reform
                     Act of 1998.
                       49-884

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