S.3197 - National Guard and Reservists Debt Relief Act of 2008

A bill to amend title 11, United States Code, to exempt for a limited period, from the application of the means-test presumption of abuse under chapter 7, qualifying members of reserve components of the Armed Forces and members of the National Guard who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for not less than 90 days. view all titles (6)

All Bill Titles

  • Short: National Guard and Reservists Debt Relief Act of 2008 as enacted.
  • Short: National Guard and Reservists Debt Relief Act of 2008 as passed senate.
  • Short: National Guard and Reservists Debt Relief Act of 2008 as reported to senate.
  • Short: National Guard and Reservists Debt Relief Act of 2008 as passed house.
  • Official: A bill to amend title 11, United States Code, to exempt for a limited period, from the application of the means-test presumption of abuse under chapter 7, qualifying members of reserve components of the Armed Forces and members of the National Guard who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for not less than 90 days. as introduced.
  • Short: National Guard and Reservists Debt Relief Act of 2008 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 4
  • All-Time: 11,892
 
Introduced
 
Senate
Passed
 
House
Passed
 
President
Signed
 

 
06/25/08
 
09/30/08
 
10/03/08
 
10/20/08
 

 

Latest Vote

Result: Passed - October 03, 2008

Roll call number 682 in the House

Question: On Motion to Suspend the Rules and Pass: S 3197 National Guard and Reservists Debt Relief Act

 

Official Summary

National Guard and Reservists Debt Relief Act of 2008 - (Sec. 2) Amends federal bankruptcy law to prohibit the bankruptcy court from dismissing or converting a chapter 7 liquidation case based upon means testing if the debtor, after September 11, 2001, was called to active duty or homeland

Official Summary

National Guard and Reservists Debt Relief Act of 2008 -

(Sec. 2)

Amends federal bankruptcy law to prohibit the bankruptcy court from dismissing or converting a chapter 7 liquidation case based upon means testing if the debtor, after September 11, 2001, was called to active duty or homeland defense activity while a member of a reserve component of the Armed Forces or a member of the National Guard, and such debtor is:
(1) on active duty for a specified period; or
(2) performing a homeland defense activity for a specified period.

(Sec. 3)

Directs the Comptroller General to study and report to Congress on whether and to what degree members of reserve components of the Armed Forces and the National Guard:
(1) avail themselves of the benefits of this Act;
(2) are debtors in federal bankruptcy cases substantially related to service that qualifies them for such benefits ; and
(3) are debtors in federal bankruptcy cases materially related to such service. Requires such study to include the effects that the use of this Act by such members has upon:
(1) the bankruptcy system;
(2) creditors; and
(3) the debt-incurrence practices of such members. Prescribes mandatory factors for consideration in such report.

...Read the Rest




Vote on This Bill

100% Users Support Bill

10 in favor / 0 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC