Small Business Reading Room


Wednesday, June 22, 2005

BAPCPA

Well, the Bankruptcy Abuse Prevention and Consumer Protection Act is now the law of the land regarding bankruptcy. There was so much talk of the good and bad of this law from different perspectives during the debate, I thought I might be able to find a good summary on the net.

Most of the commentary I have found is from TV and radio types who claim the law is the end of the world for either corporations or debtors, depending upon their point of view.

I did find a rather scholarly review from Young, Conaway, Stargatt and Taylor, a law firm in Wilmington, DE (The Bankruptcy Capital of the World). If you decide to check it out, remember, it is written for professionals and contains a significant amount of jargon.
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