The House Judiciary Committee plans to take up U.S. Rep. Brad Miller’s bankruptcy bill as soon as this week.
Miller, a Raleigh Democrat, and Democratic Rep. Linda Sanchez of California co-sponsored the legislation, which aims to keep about 600,000 homeowners from losing homes purchased under sub-prime lending rates, reports Barb Barrett.
Miller said in an interview he still is searching for Republican co-sponsors to make the bill as bipartisan as possible. His staff had heard there was “substantial support” for the bill in the GOP caucus, he said.
In the Senate, Democrat Richard Durbin of Illinois and Republican Arlen Specter of Pennsylvania each have bankruptcy bills as well. Miller said Friday his House version is a good compromise between their ideas.
“I’m thinking of sliding my bill between them,” he said.
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