The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
Author: Stephen J. Carroll
Publisher: Rand Corporation
Total Pages: 75
Release: 2007
Genre: Business & Economics
ISBN: 0833041835

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) requires that debtors filing for bankruptcy whose monthly income exceeds the median income for their household size in their state use the IRS expense standards rather than their current expenses to calculate their monthly disposable income (MDI). This report assesses this new requirement's effects on debtors and the courts.

2005 Bankruptcy Reform Legislation with Analysis

2005 Bankruptcy Reform Legislation with Analysis
Author: William Houston Brown
Publisher: West Group Publishing
Total Pages: 452
Release: 2005
Genre: Bankruptcy
ISBN:

Written by two bankruptcy law experts, this pamphlet helps practitioners prepare for cases under the revised U.S. Bankruptcy Code. It includes detailed analysis of the significant effects on business and consumer law resulting from the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (most changes effective Oct. 17, 2005). It also contains useful checklists of new requirements for the debtor, the debtor¿s attorney, trustees, creditors, and the U.S. trustee or bankruptcy administrator.