Joseph Hoeffel on Budget & Economy

Former Democratic Rep (PA-13); 2004 former Senate challenger

Voted NO on restricting bankruptcy rules.

Vote to pass the bill that would require debtors who are able to pay back $10,000 or 25 percent of their debts over five years to file under Chapter 13, rather then seeking to discharge their debts under Chapter 7. Chapter 13, calls for a reorganization of debts under a repayment plan. A Debtor would be restricted, in this bill, to a total exemption of $125,000 in home equity for residences bought within 40 months of a bankruptcy filing. The bill also would establish permanent and retroactive Chapter 12 bankruptcy relief for farmers. Reference: Bankruptcy Abuse Prevention and Consumer Protection Act; Bill S 1920 ; vote number 2004-10 on Jan 28, 2004

Click here for definitions & background information on Budget & Economy. Click here for policy papers on Budget & Economy. Click here for HouseMatch answers by Joseph Hoeffel. Agree? Disagree? Voice your opinions on Budget & Economy in The Forum.
*Other candidates on Budget & Economy:*	*Joseph Hoeffel on other issues:*
*PA Gubernatorial:* Ed Rendell *PA Senatorial:* Arlen Specter Betsy Summers Rick Santorum Tom Martin *Presidential:* George W. Bush (GOP) V.P.Dick Cheney (GOP-V.P.) Sen.John Kerry (Dem.) Sen.John Edwards (Dem.V.P.) Ralph Nader (Reform) Peter Camejo (Reform V.P.) David Cobb (Green) Michael Badnarik (Libertarian) Michael Peroutka (Constitution)	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families/Children Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Infrastructure/Technology Jobs Principles/Values Social Security Tax Reform War/Iraq/Mideast Welfare/Poverty