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- DeLay, Sensenbrenner Statement on Senate Consideration of Bankruptcy Reform Legislation
- "We agree with the overwhelming majority of our Senate colleagues that we must overhaul our bankruptcy laws to prevent abuse of them. For too long, some have used our bankruptcy laws as a financial planning tool rather than a course of last resort. "We agree with the overwhelming majority...
- Research articles 2005-03-04
- Brazil rewrites its bankruptcy laws.
- A After a decade of struggle, the Brazilian government is now finalizing sweeping reforms of the country's bankruptcy laws. The original draft of the proposed reforms was completed in the House of Representatives in October of 2003 and sent to the A After...
- Research articles 2004-10-01
- ARGENTINA: ARGENTINE GOVERNMENT APPROVES BANKRUPTCY LAW.(Brief Article)
- The Argentine government has approved the reforms introduced by the House of Representatives on the new Bankruptcy Law. This law was required by the International Monetary Fund's IMF in order to resume giving the country financial assistance. One o The Argentine government has approved the reforms...
- Research articles 2002-05-21
- Bankruptcy Court streamlines rules - to drum up business.(News)
- Byline: Brent Snavely A set of 17 new rules designed to streamline the administration of large bankruptcy cases and aimed at attracting more such cases to Detroit takes effect today in U.S. Bankruptcy Court in Detroit and will be evaluated over th Byline:...
- Research articles 2005-01-03
- Perks keep Fed-Mogul in HQ.(News)(Federal-Mogul Corp.'s $38 million deal)
- Byline: Terry Kosdrosky, Jennette Smith A slow real estate market and the right to break a lease helped Federal-Mogul Corp. reach a deal to save $38 million and stay at its headquarters. Earlier this year, the company asked a U.S. Bankruptcy Cou...
- Research articles 2003-05-26
- Kmart uses size to its advantage; Muscle forces vendors to play by its rules.(Brief Article)
- As the largest retailer to file for Chapter 11 bankruptcy protection, Kmart Corp. has some advantages that smaller companies wouldn't have. And it's already apparent that the company is using them. When Kmart and its attorney - Jack Butler, a part As the...
- Research articles 2002-02-11
- Locals gird for bankruptcy.(local cable regulators preparing for bankruptcy of Adelphia Communications Corp.)
- Local cable regulators are digging out copies of their franchise agreements with Adelphia Communications Corp. -- and boning up on bankruptcy laws -- to shield themselves from the MSO's financial troubles. They're also burning up the phone li ...
- Research articles 2002-06-24
- Must Know Facts About Bankruptcy Law
- Bankruptcy law offers for a plan that admits a debtor who is ineffectual to pay his creditors to settle his needs by the division of his material worth among his creditors. This also admits the interest of all creditors to be treated with equivalence. Some bankruptcy laws admit a debtor...
- White papers 2009-05-19
- Benefiting From The New Bankruptcy Law
- Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors. How this year's bankruptcy act protects you if one of your customers or tenants files for bankruptcy....
- White papers 2005-08-01
- How To Use Bankruptcy Law To Your Advantage
- Bankruptcy law is always evolving, but the majority of the regulations governing bankruptcy law are still rooted in the major changes of these laws a few short years ago. While some states may have specific laws concerning bankruptcy, in each and every case where the state law conflicts with the...
- White papers 2008-01-01
- Senate Passes New Bankruptcy Law
- The United States Senate passed a law on March 10, 2005 that changes the bankruptcy laws in America. It is expected that the House of Representatives will look to pass the same bill in April, which will send it to President Bush for his signature. Since it is well known...
- White papers
- Bankruptcy Law Backfires on Credit Card Issuers
- Credit card issuers and other lenders spent a small fortune to get bankruptcy reform legislation passed. Now the new law is costing them even more. An unprecedented spike in filings before reform took effect in fall 2005 is chewing into lenders' bottom lines, and the subsequent lull is showing signs...
- White papers
Additional Resources
- The New Bankruptcy Law - How Will It Affect Debt Negotiation?
- In April 2005, Congress made sweeping changes in U.S. bankruptcy law that went into effect on October 17, 2005. It's called the "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005," and it means big trouble for Americans struggling with debt problems. What effect will the new bankruptcy law have...
- White papers 2005-08-16
- "Bankruptcy Law Journal" from Rutgers Law School.
- Rutgers University School of Law (Newark, NJ) has begun the publication of Bankruptcy Law Journal (bankruptcy.rutgers.edu), a new title that will be initially produced online twice a year. Access is free. A print edition is planned for later in 2004. Rutgers said the journal...
- Research articles 2004-01-31
- Study Claims New Bankruptcy Law Not Working as Congress Intended
- The first analysis of tens of thousands of consumers seeking protection since a new federal bankruptcy law went into effect last October concludes that the changes put in place by Congress are not working as intended. The report by the National Association of Consumer Bankruptcy Attorneys NACBA finds that of...
- Research articles 2006-05-01
- In 1978, Congress created a bankruptcy law that was quite generous toward debtors
- * In 1978, Congress created a bankruptcy law that was quite generous toward debtors. Too generous: Under this law, the number of people filing bankruptcy has soared--it's up fivefold over the last two decades. Increased bankruptcy rates hurt consumers of credit. They lead to increased interest rates on credit cards,...
- Research articles 2005-03-28
- Keith Walsh Named First Public Interest Fellow in Consumer Bankruptcy Law and Financial Literacy.
- Byline: New York Law School NEW YORK, Aug. 18 AScribe Newswire -- The Coalition for Consumer Bankruptcy Debtor Education, a not-for-profit organization founded in 1998 to assist consumer debtors who file for bankruptcy in understanding and improving their ability to manage their financial affairs,...
- Research articles 2004-08-18
- New Bankruptcy Law May Make It Harder for Some People to Erase Their Debts
- If a person is thinking of filing for bankruptcy, it may be harder to erase his or her debts than the person thinks. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 made big changes to bankruptcy law, making it more difficult for some people to erase debts by...
- White papers
- Bankruptcy Law Overhaul
- HOUSTON _ In its first major overhaul of federal bankruptcy law in 16 years, Congress recently made it tougher to use bankruptcy as a weapon against a former spouse. Bankruptcy reform also changed who is eligible for various kinds of bankruptcy and also how much...
- Research articles 1995-02-11
- CFA, Attorneys: Congress Should Give Katrina Victims Financial Relief by Delaying Severe New Bankruptcy Law
- WASHINGTON, Sept. 7 /U.S. Newswire/ -- Harsh new provisions under federal bankruptcy law set to go into effect in mid-October should be delayed for at least one year for people whose lives, finances or business were directly impacted by Hurricane Katrina,WASHINGTON, Sept. 7 /U.S. Newswire/ -- Harsh new provisions under...
- Research articles 2005-09-07
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