Observations on the Impact of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (P.L. 109-8).

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Bankruptcy.

Consumer credit.

Income.

Physical Description:

1 online resource (10 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2010.

System Details:

text file

Summary:

Discusses P.L. 109-8, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005, to prevent abusive or opportunistic bankruptcy petitions and to require debtors with regular incomes to repay at least part of what they owe. Assesses impact of BAPCPA upon proportion of Chapter 13 petitions, where debtors repay creditors out of future income, under court-approved plan; and examines impact of BAPCPA on Chapter 7 petitions, where debtor assets are liquidated and certain debts are discharged, or erased.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress.Congressional Research Service. Observations on the Impact of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (P.L. 109-8)

Access Restriction:

Restricted for use by site license.