Political Quotes

James Moran: “If debtors truly have the ability to repay a portion of their debt, after taking into account all relevant factors…”

On the recordJune 10, 1998
If debtors truly have the ability to repay a portion of their debt, after taking into account all relevant factors, including child support and alimony payments, a successful, supervised repayment plan under Chapter 13 rules could result in a more reliable payment of child support and alimony than would the unsupervised situation after Chapter 7 discharge.'' That is the point of this bill. With the Boucher amendment this Statement of Administration Policy is, in effect, an endorsement of this bill, certainly as it relates to child support. I thank the administration for its good judgment. I would bring this to the attention of all the Members of this body.
Said by
James Moran
Virginia
Source
govinfo.gov

Editor's note · Context

Discussing the implications of a bill related to debt repayment and child support.

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