The Bankruptcy Abuse Prevention and Consumer Prote

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Bankruptcy Reform: Dollar Costs Associated with the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Our Price: $25.00

By Yvonne D. Jones (au)
Year: 2008
Pages: 48
Binding Paperback

Product Code: 1437908810

Description

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 made significant changes to the admin. of bankruptcy relief, affecting: (1) the U.S. Trustee Program, which oversees the bankruptcy process; (2) the fed. judiciary; (3) consumers filing for bankruptcy; and (4) private trustees -- individuals who administer bankruptcy cases and are supervised by the Trustee Program. The number of new personal bankruptcy filings declined after the act -- 600,000 people filed in 2006 as compared to 1.5 million annually between 2001 and 2004. This report examines: (1) new costs incurred as a result of the Bankruptcy Reform Act by the Trustee Program and fed. judiciary; (2) new costs to consumers; and (3) the impact of the act on private trustees. Illustrations.

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