WASHINGTON -- Bankruptcy reform legislation gathered steam Thursday, winning unanimous approval from the House Judiciary Committee.

Bank lobbyists are satisfied that the bill, if enacted into law, will provide some long-awaited relief in dealing with debtors.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.