On the recordMarch 8, 2001
I think I understand the goal. And I am sympathetic to that. I guess we are wrestling with the question, Would it simply come down to the fact that you are telling the borrowers who have been abused that if they are not able to make their claim, before or while the case is in bankruptcy, against that bankrupt estate, under current law it is lost, but under your law they could make their claim against whoever bought or purchased the loan? We can talk about it later. We don't want to make assets unsalable.
Source
govinfo.gov
