Final Vote Expected On BankruptcyBill
WASHINGTON - (03/10/05) -- The Senate delayed a final vote onthe bankruptcy reform bill until Thursday while they debated onemore amendment that would prevent an investment adviser for acompany from representing the same company after it files forbankruptcy, because of potential conflicts of interest. Senateleaders were discussing last night whether the proposal would beacceptable to the House, which is expected to take up the bill soonafter the Senate passes it. The Senate is expected to vote finalpassage of the credit union-backed bill Thursday. Meantime, theRepublican-controlled Senate turned away five other amendments tothe bill Wednesday night, including one that would give moreprotection to single mothers filing for bankruptcy and another thatwould make it harder for wealthy debtors to protect expensive homesfrom creditors after filing.