Last-minute concessions by House Republican leaders sparked a surge of support late Wednesday for the bankruptcy reform bill, propelling it to a veto-proof 313-to-108 victory.

Rep. George W. Gekas, the bill's primary sponsor, endorsed a measure by moderate Democrats to require credit card companies to make additional disclosures about fees and penalties. He also accepted an amendment to exempt Social Security benefits when deciding whether a consumer has enough disposable income to afford to repay some unsecured debt.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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