A commission formed by the American Bankruptcy Institute said in its report April 11 that the recommended law and procedure changes would enhance bankruptcy’s promise of a “fresh start.”
Bankruptcy Group Seeks to Ease Student Loan Burden
Legal Experts Urge Federal Lawmakers to Fix Consumer Bankruptcy Law
Parts of the country’s consumer bankruptcy system are badly broken, according to a new report from legal experts who are calling for better protections for homeowners, student-loan borrowers and low-income families who can’t afford to file for chapter 7 protection.
Stech’s Take: Consumer Bankruptcy Panel Calls for Student Loan Reform
A group of consumer bankruptcy experts have given a wish list of changes they would make to bankruptcy law’s rules on student loans to another group of experts who could take those changes to Congress later this year.
McGlinchey Stafford Member Rudy Cerone Named to ABI’s Commission on Consumer Bankruptcy
McGlinchey Stafford PLLC announced that Rudy J. Cerone has been named by the American Bankruptcy Institute (ABI) to its newly formed Commission on Consumer Bankruptcy. Cerone, a Member resident in McGlinchey Stafford’s New Orleans office, is Co-Chair of the firm’s Financial Restructuring, Bankruptcy & Creditors’ Rights team. He will serve as one of 15 members of the new Commission on Consumer Bankruptcy, which was created “to examine the consumer bankruptcy system and recommend improvements that can be added within its existing structure,” according to ABI.
American Bankruptcy Institute Forms Commission on Consumer Bankruptcy
The American Bankruptcy Institute has created a 15-member Commission on Consumer Bankruptcy to examine the consumer bankruptcy system and recommend improvements that can be added within its existing structure, ACAInternational.org reported.
Prof. Lawless Named to ABI Commission on Consumer Bankruptcy
The American Bankruptcy Institute recently announced the creation of a Commission on Consumer Bankruptcy, according to a University of Illinois College of Law press release. Professor Bob Lawless has been appointed to the role of Commission Reporter, in which he will assist in operations and draft the final report.
New ABI Commission on Consumer Bankruptcy
The American Bankruptcy Institute announced this morning that it has convened a commission to study and propose reforms of the US consumer bankruptcy system, CreditSlips.org reported.
ABI Announces Commission on Consumer Bankruptcy
The American Bankruptcy Institute today announced the creation of a Commission on Consumer Bankruptcy. The 15-member expert panel will examine the consumer bankruptcy system and issue a report with recommended improvements that can be implemented within the existing structure.
Panel to Examine Consumer Bankruptcy and Student Loan Debt
The federal bankruptcy law’s failure to help heavily indebted borrowers of student loans will be studied by a new panel of law professors, federal judges and consumer advocates. Members of the new Commission on Consumer Bankruptcy, led by the nonpartisan American Bankruptcy Institute, will examine the U.S. consumer bankruptcy system’s lack of power to fix student loan debt, among other problems that have arisen since the law’s last major overhaul in 1978.