Democratic Presidential Debates Could Reignite Warren-Biden Bankruptcy Fight
In 2005, bankruptcy was on the rise and had been for years.
Lawmakers were pondering why, exactly, that was happening — and what, if anything, they should do about it — when two future presidential rivals squared off over a bankruptcy overhaul bill that would restrict who could write off their personal debts.
In one corner, Joe Biden — one of the staunchest Democratic advocates for the bill and a senator from Delaware, home to several large credit card companies. He was also the ranking member of the Judiciary Committee, which was debating the bill.
In the other corner, Elizabeth Warren, a Harvard Law professor who had fought against this type of bankruptcy overhaul for years, and who was on a panel convened for a hearing over the bill.
Their conversation started off with a testy (but weedy) exchange about bankruptcy courts. And it escalated from there, with plenty of interruptions and the occasional barb — Biden at one
