Bankruptcy Law Network Contributor Brett Weiss Testifies Before Congress
By Kevin Gipson, New Orleans Bankruptcy Attorney on Apr 3, 2009 in General Bankruptcy Information
Maryland consumer bankruptcy attorney, and Bankruptcy Law Network contributing writer, Brett Weiss testified before Congress today.
In testimony before the Judiciary Commercial and Administrative Law Subcommittee on April 3, 2009, Brett testified in favor of proposed legislation that would regulate interest rates, excessive late fees and other practices and tactics of the credit card industry that are harmful to consumers.
“Years of aggressive and irresponsible lending have helped put borrowers in a very vulnerable position,” Brett said. “Now, at a time of economic crisis when consumers can least afford it, they produce devastating financial repercussions.”
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