Experts: Many Americans Lost Homes Due to a Bill Championed by Biden
Experts say hundreds of thousands of Americans may have lost their homes due to a bill championed by Sen. Joseph Biden, D-Del., Barack Obama's vice-presidential running mate.
At least two studies have concluded that the United States' foreclosure crisis was exacerbated by a 2005 law that overhauled the nation's bankruptcy law. That conclusion is echoed by other experts, although the banking and credit industry disputes it.
Congressional Republicans drove the effort to pass the Bankruptcy Abuse... Full Story
Contribute | Do you have more information about this topic? If so, please click here to contact the editors of ABC News.
84 Comments | Add Yours
