New bankruptcy law passed by the US Senate will give more opportunities to prevent from excessive use of bankruptcy protection.

"We should all stand behind a law that requires people with the ability to repay their debts to actually repay their debts," said Sen. Orrin Hatch, R-Utah.

The law is expected to be very helpful in long-lasting fight of the government to cut the access of credit abusers and wealthier consumers to bankruptcy protection that usually leads to escaping of the debts repayment.

The bill was passed on a 74-25 vote.

Some analysts criticized the legislation. "Trying to snag debtors who really can pay is not what this bill was about. This bill was about driving up costs for every family in financial trouble," said Elizabeth Warren, a Harvard Law School professor.