Joe Biden Bankruptcy Bill

In 2005, Democratic vice-presidential candidate Joe Biden helped pass a controversial bankruptcy bill through the Senate. The bill, which made obtaining debt relief after a bankruptcy more difficult, passed the Senate by a vote of 74-25. Although Biden's son, attorney R. Hunter Biden worked as a consultant for credit card issuer MBNA during this time, the Obama campaign denies that there was any conflict of interest in the Senator's support of the legislation.¹

Fast Facts

1. Name of bill: Bankruptcy Abuse Prevention and Consumer Protection Act
2. Date passed by Senate: March 2005¹
3. Joe Biden prominent Democratic supporter of bill¹
4. Biden's son, R. Hunter Biden, worked as consultant for MBNA¹
5. Passing vote in Senate: 74-25¹

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R. Hunter Biden | Joe Biden | Barack Obama

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