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The data was discarded because it lacked the numerical coding that the company required to categorize types of debts.
The bill would overhaul the nation's century-old bankruptcy system and eliminate the concept that many types of debts -- notably credit-card debts and other loans that are not secured by a house or anything else of value -- can be wiped out by a trip to bankruptcy court.
The bill generally provides that anyone able to make $6,000 to $10,000 in payments over five years would not be able to file for protection under Chapter 7 of the bankruptcy code, which enables them to have many types of debts forgiven.
The federal government can garnish a portion of your benefits for repayment of several types of debts, including federal income taxes, federal student loans, child support and alimony, nontax debt owed to other federal agencies, defaulted federal home loans and certain civil penalties.
Certain types of debts, such as taxes and child support debts, cannot be relieved.
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What types of debt would be covered?
Medical debt is different than other types of debt, insist the financial watchdog.
The spreads on other types of debt, such as corporate bonds, had barely shifted.
Realogy has more than 15 different types of debt instruments alone.
Once the credit markets stabilize, bankers hope, investors will start buying other types of debt, unlocking the flow of credit.
Outstanding public debt has exploded to about $67 billion, although tallies differ depending on what types of debt are counted.
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