Archive for the ‘Bankruptcy Reform’ Category

CONSUMER BANKRUPTCY REQUIREMENTS THAT MADE SENSE

Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act in 2005.  Many new requirements and restrictions were imposed with the goal of creating uniformity in the evaluation of bankruptcy cases.  While there many requirements enacted that were needless and

CONSUMER BANKRUPTCY REQUIREMENTS THAT NEED TO BE ELIMINATED

Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act in 2005. Many new requirements and restrictions were imposed with the goal of creating uniformity in the evaluation of bankruptcy cases. It also added many creditor-friendly provisions that are too …

The New Bankruptcy Forms: Are They More Helpful for Pro Se filers?

Effective December 1, 2015, the Bankruptcy Courts of the United States required the use of recently revised petition and schedule forms. The petition and accompanying schedules have been lengthened considerably. The additional length is a product of the simpler language …

White House Urges Congress to Address Treatment of Student Loan Debt in Bankruptcy

                Acknowledging concerns by the public about the growing amount of student loan debt, the White House is urging Congress to reconsider the treatment of student loan debt in bankruptcy cases.  To understand the importance of this push, it helps …

See what our least favorite mortgage company, GMAC, is up to now!

As a bankruptcy firm, we deal on a regular basis with a large amount of creditors, both local and national. However, it always seems that there are a few creditors who just can’t get their act together. GMAC Mortgage is …

CONSUMER RIGHTS UNDER THE FAIR DEBT COLLECTION PRACTICES ACT

It is obvious that Bankruptcy and debt collection should go hand-in-hand, as ultimately it will be the attempts at collection upon one or more debts that will inevitably trigger a bankruptcy filing.  One of the frequent questions that we hear …

Bankruptcy Reform, Five Years Later

 

The “Bankruptcy Abuse and Consumer Protection Act” (commonly referred to as “BAPCPA”) went into full effect in October of 2005.  Bankruptcy reform in some shape or fashion had been debated by Congress for almost eight years prior to the …