Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services.
Accounting and auditingBankruptcyCaribbean areaDebt collectionGovernment ethics and transparency, public corruptionLawyers and legal servicesLegal fees and court costsPuerto RicoU.S. territories and protectorates
PRRADA
USA117th CongressS-375| Senate
| Updated: 7/29/2021
Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services.
Accounting and auditingBankruptcyCaribbean areaDebt collectionGovernment ethics and transparency, public corruptionLawyers and legal servicesLegal fees and court costsPuerto RicoU.S. territories and protectorates