Creditors' Rights Advocacy Coalition

The Creditors' Rights Advocacy Coalition (CRAC) is a group focused on promoting the interests of creditors, such as banks and other lenders, in legal and policy matters. It advocates for fair treatment in bankruptcy and debt collection processes, ensuring that creditors can recover debts owed to them while also supporting responsible lending practices. The coalition aims to educate lawmakers and the public about the importance of creditor rights in maintaining a healthy economy and financial system. By doing so, it seeks to balance the interests of debtors and creditors, fostering fairer financial practices overall.