In Brief: Feb. 14, 2000

PAYBACK TIME Thinking of going belly up? Better hurry up. The Senate passed a bill last week that will make it harder to file for bankruptcy. Lenders have groused that current law allows consumers, even those with the means to pay, to wipe out debt too easily. In the new law, which is expected to be signed in some form by the President, getting a clean slate will be more difficult, and payback schedules will be more common.

EASY MONEY So your kids aren't football stars or rocket scientists? Well, maybe they're lucky. FreeScholarships, a new website, is giving away $10,000...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!