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  2. History of bankruptcy law in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_bankruptcy_law...

    The Bankruptcy Judges, United States Trustees, and Family Farmer Bankruptcy Act of 1986 made substantive changes relating to family farmers and established a permanent United States trustee system. The 1986 Act applies to cases filed since November 26, 1986. The Bankruptcy Reform Act of 1994 is effective as to cases filed on or after October 22 ...

  3. Bankruptcy Abuse Prevention and Consumer Protection Act

    en.wikipedia.org/wiki/Bankruptcy_Abuse...

    The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) made changes to American bankruptcy laws, affecting both consumer and business bankruptcies. Many of the bill's provisions were explicitly designed by the bill's Congressional sponsors to make it "more difficult for people to file for bankruptcy."

  4. Bankruptcy in the United States - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_in_the_United...

    Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...

  5. 2020 in Review: Iconic US Businesses That Filed for Bankruptcy

    www.aol.com/2020-review-iconic-us-businesses...

    As part of its restructuring efforts, the company sold thousands of its vehicles, with plans to reduce its fleet from 400,000 to 310,000 by the end of 2020, the Fort Myers News-Press reported.

  6. Chapter 9, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_9,_Title_11...

    The first municipal bankruptcy legislation was enacted in 1934 during the Great Depression. [2] Although Congress attempted to draft the legislation so as not to interfere with the sovereign powers of the states guaranteed by the Tenth Amendment to the Constitution, the Supreme Court held the 1934 Act unconstitutional as an improper interference with the sovereignty of the states. [2]

  7. $50 billion of student debt could be entitled to automatic ...

    www.aol.com/news/50-billion-student-debt-could...

    The report by the Student Borrower Protection Center is the first estimate of how much private student loan debt may be dischargeable in bankruptcy.

  8. Student loans: Bipartisan bankruptcy reform bill proposes ...

    www.aol.com/finance/student-loans-bipartisan...

    Jason Iuliano, associate professor of law at the University of Utah and an expert on student loan bankruptcy law, told Yahoo Finance that the bill's 10-year waiting period was noteworthy.

  9. List of bankrupts - Wikipedia

    en.wikipedia.org/wiki/List_of_bankrupts

    On July 13, 2015, DonJon filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Connecticut with a debt of $32,509,549.91. Modern bankruptcy law often distinguishes reorganization , in which only some of the bankrupt's assets are taken, a repayment plan is devised and part of the debt is discharged , from ...