Consumer Bankruptcy Reform Act Of 1998... Report... 105-253... Committee On The Judiciary... Senate... 105th Congress, 2nd Session, 07/21/98 PDF Download
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Author: United States. Congress. Senate
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Category :
Languages : en
Pages :
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Author: United States. Congress. Senate
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Category :
Languages : en
Pages :
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Author: United States. Congress. House
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Category :
Languages : en
Pages :
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Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Improvements in Judicial Machinery
Publisher:
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Category : Bankruptcy
Languages : en
Pages : 352
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Author: United States. Congress. Senate. Committee on the Judiciary
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 150
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Author:
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Category :
Languages : en
Pages : 0
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The House Judiciary Committee reported the Bankruptcy Reform Act of 1998, H.R. 3150, 105th Cong., 2nd Sess. (1998) favorably with an amendment in the nature of a substitute on May 18, 1998 by a vote of 18 to 10. H.R. 3150 would require certain debtors to pledge future wages or income towards debt repayment under a chapter 13 consumer reorganization rather than having the option of liquidating under chapter 7. Hence, it introduces the concept of “mandatory reorganizationâ€ŗ into a bankruptcy system that has been premised on voluntary debtor reorganization as an alternative to liquidation to obtain a bankruptcy discharge of indebtedness. This report considers the legislative history of the current consumer scheme. It examines current consumer bankruptcy practice and surveys the consumer proposals set forth in Title I of H.R. 3150, with an emphasis on the likely impact of the bill on family support obligations. The report will be updated as legislative action warrants.
Author: U S Government Printing Office
Publisher: Government Printing Office
ISBN: 9780160821257
Category : Business & Economics
Languages : en
Pages : 728
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Author: United States. Congress. House. Select Committee on U.S. National Security and Military/Commercial Concerns with the People's Republic of China
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Category : China
Languages : en
Pages : 8
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Transmittal letter.
Author: David A. Skeel Jr.
Publisher: Princeton University Press
ISBN: 1400828503
Category : Business & Economics
Languages : en
Pages : 296
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Bankruptcy in America, in stark contrast to its status in most other countries, typically signifies not a debtor's last gasp but an opportunity to catch one's breath and recoup. Why has the nation's legal system evolved to allow both corporate and individual debtors greater control over their fate than imaginable elsewhere? Masterfully probing the political dynamics behind this question, David Skeel here provides the first complete account of the remarkable journey American bankruptcy law has taken from its beginnings in 1800, when Congress lifted the country's first bankruptcy code right out of English law, to the present day. Skeel shows that the confluence of three forces that emerged over many years--an organized creditor lobby, pro-debtor ideological currents, and an increasingly powerful bankruptcy bar--explains the distinctive contours of American bankruptcy law. Their interplay, he argues in clear, inviting prose, has seen efforts to legislate bankruptcy become a compelling battle royale between bankers and lawyers--one in which the bankers recently seem to have gained the upper hand. Skeel demonstrates, for example, that a fiercely divided bankruptcy commission and the 1994 Republican takeover of Congress have yielded the recent, ideologically charged battles over consumer bankruptcy. The uniqueness of American bankruptcy has often been noted, but it has never been explained. As different as twenty-first century America is from the horse-and-buggy era origins of our bankruptcy laws, Skeel shows that the same political factors continue to shape our unique response to financial distress.
Author: John B. Wilson
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 496
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Author: United States
Publisher:
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Category : Education, Higher
Languages : en
Pages : 396
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