s 95 54315 1231995600 false 1244692800 9 257 1494 111 412247

1/15/2009--Introduced.Consumer Credit Fairness Act - Amends federal bankruptcy law to require the bankruptcy court to disallow any claim arising from a high cost consumer credit transaction. Defines "high cost consumer credit transaction" as an extension of credit by a creditor resulting in a consumer debt with an applicable annual percentage rate (APR), including related costs and fees, that exceeds, at any time while the credit is outstanding, the lesser of: (1) the sum of 15% and the yield on U.S. Treasury securities having a 30-year period of maturity; or (2) 36%. Excludes the petition for relief of a debtor with any debts arising from a high cost consumer credit transaction from mandatory consideration for dismissal, or conversion to a case under chapter 11 or 13, based upon a finding of substantial abuse.

1231995600 2009-01-15 Sat Nov 14 05:28:31 -0600 2009 introduced 54315 'act':4 'credit':2 'consumer':1 'fairness':3 68245 false short introduced 54315 '11':6 'bill':2 'code':9 'cost':17 'debt':19 'high':16 'titl':5 'unit':7 'amend':4 'claim':13 'state':8 'credit':18 'purpos':23 'result':14 'certain':12 'disallow':11 67330 false official action 54315 1244692800 Thu Jun 11 00:00:00 -0500 2009 198171 Committee on the Judiciary. Date of scheduled consideration. SD-226. 10:00 a.m. W000802 5051 502 Hart Senate Office Building http://whitehouse.senate.gov/contact/ 202-228-6362 Sheldon 'd':4 'ri':5 'sen':1 'sheldon':2,6,8 'whitehous':3,7,9 M 412247 Whitehouse Sheldon_Whitehouse Sen. Sheldon Whitehouse [D, RI] 2198 N00027533 9078 Democrat 202-224-2921 RI Sheldon Whitehouse 3.5 http://whitehouse.senate.gov/ SenatorWhitehouse D000563 1944-11-21 8057 309 Hart Senate Office Building http://durbin.senate.gov/contact.cfm 202-228-0400 Richard 'd':4 'il':5 'sen':1 'durbin':3,7,9 'richard':2,6,8 M 300038 Durbin Richard_Durbin J. Sen. Richard Durbin [D, IL] 4406 N00004981 16924 Democrat 202-224-2152 Roman Catholic IL Dick Richard Durbin 3.90384615384615 http://durbin.senate.gov F000457 1951-05-21 1560 320 Hart Senate Office Building Al 'd':4 'al':2,6,8 'mn':5 'sen':1 'franken':3,7,9 M 412378 Franken Sen. Al Franken [D, MN] 1156 N00029016 3345 Democrat 202-224-5641 MN Al Franken 5.18181818181818 http://franken.senate.gov S000033 1941-09-08 3930 332 Dirksen Senate Office Building http://sanders.senate.gov/comments/ 202-228-0776 Bernard 'vt':5 'sen':1 'berni':8 'sander':3,7,10 'bernard':2,6,9 M 400357 Sanders Bernard_Sanders Sen. Bernard Sanders [I, VT] 1831 Bernie N00000528 9691 Independent 202-224-5141 Jewish VT Bernie Bernard Sanders 6.79245283018868 http://sanders.senate.gov/ SenatorSanders action 54315 1244692800 Thu Jun 11 00:00:00 -0500 2009 198171 Committee on the Judiciary. Date of scheduled consideration. SD-226. 10:00 a.m. action 54315 1242878400 Thu May 21 00:00:00 -0500 2009 195618 Committee on the Judiciary. Date of scheduled consideration. SD-226. 10:00 a.m. action 54315 1241064000 Thu Apr 30 00:00:00 -0500 2009 193505 Committee on the Judiciary. Date of scheduled consideration. SD-226. 10:00 a.m. action 54315 1231995600 Thu Jan 15 00:00:00 -0600 2009 181742 Read twice and referred to the Committee on the Judiciary. introduced 54315 1231995600 Thu Jan 15 00:00:00 -0600 2009 181741