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Warren, Lawmakers Seek to Protect Victims from Billionaires Exploiting the Bankruptcy System
December 05, 2024
WASHINGTON, Dec. 5 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:

Senators Elizabeth Warren (D-Mass.), Dick Durbin (D-Ill.), and Richard Blumenthal (D-Conn.) reintroduced the Nondebtor Release Prohibition Act to explicitly prohibit the use of non-consensual, non-debtor releases in bankruptcy. This legislation would protect consumers, workers, and families from companies and individuals attempting to exploit the bankruptcy system to evade accountability . . .

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