Sunday, September 29, 2013

The 2005 New Bankruptcy Laws

President Bush signed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ("BAPCPA") on April 20, 2005. This 512 page Act made significant changes to the Bankruptcy Code. On October 17, 2005, the majority of the provisions of the new law went into effect although certain provisions became effective upon enactment and others have individualized effective dates.