In the year 2005 new legislation was passed by the U.S. Congress, and signed into law by the President, that introduced a number of major changes to U.S. bankruptcy law, changing both business and consumer bankruptcies.
Note on the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) Case Study Solution
This legislation, called the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA), became effective on October 17, 2005. This note summarizes key provisions of the new law that impact business bankruptcy reorganization under Chapter 11 of the U.S. Bankruptcy Code, contrasting these provisions with corresponding provisions in the old law.
PUBLICATION DATE: March 20, 2009 PRODUCT #: 209133-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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