Will credit cards drop their guard?


The bankruptcy reform bill, signed by President Bush in April, is likely to bring about sweeping changes, making it more difficult for consumers to file for Chapter 7 bankruptcy. But with just four months to go before the bill becomes law, many experts are debating whether a heightened sense of security in asset-backed securities (ABS) that use credit card receivables as collateral will result in some unsecured creditors loosening their credit quality standards, heralding potential disruptions

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here