Efforts to quickly enact bankruptcy reform hit a political brick wall Thursday during a rare joint hearing of Senate and House Judiciary subcommittees.

The same issues that stymied reform last year still divide Republicans and Democrats: protecting child support payments from creditors, overriding state laws safeguarding a debtor's home, and requiring more extensive credit card disclosures. House Judiciary leaders also sniped at each other over the pace of debate.

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.