AN ANALYSIS OF CHANGES IN THE USE OF CHAPTER 13 SINCE THE ENACTMENT OF THE BANKRUPTCY REFORM ACT OF 1978
Donald L. Boren
Abstract
Donald L. Boren
Abstract
The premises of the bill with respect to consumer bankruptcy are that use of the bankruptcy law should be a last resort; that if it is used, debtors should attempt repayment under Chapter 13, Adjustments of Debts of an Individual with Regular Income, and finally, whether the debtor used Chapter 7, Liquidation, or Chapter 13 … bankruptcy should be effective, and should provide the debtor with a fresh start.1
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The premises of the bill with respect to consumer bankruptcy are that use of the bankruptcy law should be a last resort; that if it is used, debtors should attempt repayment under Chapter 13, Adjustments of Debts of an Individual with Regular Income, and finally, whether the debtor used Chapter 7, Liquidation, or Chapter 13 … bankruptcy should be effective, and should provide the debtor with a fresh start.1
Key concepts: Bankruptcy, Debtor, Debt, Consumer Protection Act, Business, Fresh Start, Reform Act, Law and economics