Bill Nelson: “there is one exception the Senate should consider to this bankruptcy bill in filing bankruptcy, and that is when someone…”

“there is one exception the Senate should consider to this bankruptcy bill in filing bankruptcy, and that is when someone incurs debts due to no fault of their own. When someone incurs debts through no fault of their own because their identity has been stolen and they are forced to go into bankruptcy, why should we force them not to take chapter 7 in bankruptcy, instead to go through chapter 13? If you don't think identity theft and bankruptcy therefrom is a problem, look at the top consumer complaints of the Federal Trade Commission and notice 39 percent are identity theft. Don't think you are immune from identity theft. Did you hear the news on Friday night that Bank of America has had the records of 1.2 million Federal employees stolen, including 60 Senators in this Chamber? You are potential victims, including this Senator. I am on the list. So why should we not hear the pleas of people all across the land? A story from Florida where identity was stolen, they ran up $40,000. They can't pay that off. Another case in New York, a friend stole identity and ran up $300,000. The person had no choice but go into bankruptcy. Surely this is an example of an exception to this bill that we should make.”