Executive Vice President & Head of Western Region, Eastgroup Properties
Search every verified Ryan Collins interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a 2019 opening statement before a House Judiciary subcommittee, Ryan Collins, then a member of Congress, discussed several bankruptcy-related bills. He praised the Small Business Reorganization Act, which he co-sponsored, describing it as a reform to Chapter 11 of the Bankruptcy Code that would help small businesses reorganize debt and preserve jobs. Collins also expressed support for bills offering flexibility for service members, increasing debt reorganization limits in Chapter 12, and improving transparency regarding firms handling Puerto Rico's insolvency. Collins addressed proposed legislation to expand student loan debt discharge in bankruptcy, stating that while he was concerned about rising higher education costs and student debt, he believed the focus should be on reducing costs rather than making it easier to discharge loans. He argued that discharging federal student loans in bankruptcy would leave taxpayers "holding the bag" and called for a comprehensive approach to the issue.
“The bankruptcy system is a critical component of the economy; it provides an important safety net for entrepreneurs and households when they need a fresh start. It also stabilizes and encourages lending because it is a tried-and-true way for creditors to recover as much as feasible when things go wrong for borrowers.”
“I particularly applaud this subcommittee for considering today the Small Business Reorganization Act, an important bill that offers long-term and long-needed reform to Chapter 11 of the Bankruptcy Code to help small businesses.”
“Chapter 11 has for many years been the key to survival for firms that need to reorganize their debt so they can continue in business. Reorganization preserves jobs, investments, and valuable contributions to our economy.”
“Chapter 11's terms have been poorly suited to allow small businesses and their creditors to take full advantage of the relief it promises. This bill takes up as a model for small business the provisions of Chapter 12 that help small family farmers to reorganize their enterprises when needed.”
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