Bankruptcy would be an easier option for consumers under Elizabeth Warren’s plan

Bankruptcy would be an easier option for consumers under Elizabeth Warren’s plan

Consumers would face fewer hurdles in trying to discharge debt through bankruptcy under a new plan from one of the Democratic presidential hopefuls.
Sen. Elizabeth Warren, D-Mass., released a proposal Tuesday that aims to undo parts of a 2005 law, such as higher fees and more paperwork, that she says made it harder for individuals to file for bankruptcy. Her plan also would allow student loan debt…

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