Friday, April 29, 2005

Simpson, Otter to back tougher rules on bankruptcies

Headwaters: Idaho Falls Post Register: "BOISE -- Tougher rules for declaring bankruptcy and a permanent repeal of federal estate taxes will be backed by Idaho's two U.S. House members in key votes in Congress this week.
Idaho had the 10th-highest number of bankruptcy petitions per household last year, according to the nonpartisan American Bankruptcy Institute. In the last federal fiscal year, 9,790 cases of bankruptcy were filed by Idaho residents, according to the Administrative Office of U.S. Courts. That's up more than 7 percent from the 9,051 bankruptcies filed in fiscal 2003."

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