Chuck Grassley

United States Senator from Iowa

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Grassley To Chair Hearing on Increase in Consumer Bankruptcies

Apr 03, 1997


Grassley To Chair Hearing on Increase in Consumer Bankruptcies


Hearing Set for Friday, April 11


Scott Stanzel

202/224-6197


Seeking to examine the crisis in consumer credit and its relationship to the explosive growth of consumer bankruptcies, Sen. Chuck Grassley today announced that he will conduct a hearing as chairman of the Judiciary Subcommittee on Administrative Oversight and the Courts on Friday, April 11.

"Consumer bankruptcies are reaching unprecedented levels. And while it is common to see a higher number of consumer bankruptcies during recessionary periods, the economy is currently strong. I scheduled this hearing to examine why the current level of consumer bankruptcies is so high," said Grassley.

The hearing is scheduled to begin on the 11th at 9:30 a.m. in SD-226. A list of witnesses will be released next week.