Debt's Dominion

Debt's Dominion PDF Author: David A. Skeel Jr.
Publisher: Princeton University Press
ISBN: 1400828503
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
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.

Debt's Dominion

Debt's Dominion PDF Author: David A. Skeel Jr.
Publisher: Princeton University Press
ISBN: 1400828503
Category : Business & Economics
Languages : en
Pages : 296

Get Book Here

Book Description
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.

Chapter 15 Bankruptcy Strategies

Chapter 15 Bankruptcy Strategies PDF Author: Aaron L Hammer
Publisher: Aspatore Books
ISBN: 9780314286130
Category : Law
Languages : en
Pages : 227

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Book Description
Chapter 15 Bankruptcy Strategies provides an authoritative, insiders perspective on understanding the scope and overall goal of Chapter 15. Featuring partners from law firms across the nation and a judge from the western district of Texas, these experts guide the reader through the process of determining when it is appropriate to file a Chapter 15 case and measures for preparing the required documentation in cross-border insolvency proceedings. These professionals offer advice on identifying the clients objectives, achieving recognition, and expediting the filing process. Additionally, these experts discuss key differences between foreign main proceedings and foreign non-main proceedings, and address the unique challenges involved with Chapter 15 matters. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced bankruptcy authorities offer up their thoughts on the keys to success within this ever-changing field.

As We Forgive Our Debtors

As We Forgive Our Debtors PDF Author: Teresa A. Sullivan
Publisher: Beard Books
ISBN: 9781893122154
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
Bankruptcy in America is a booming business, with hundreds of thousands of ordinary Americans filing for bankruptcy each year. Is this dramatic growth a result of mushrooming debt or does it reflect a moral decline that permits the middle class to evade their debts? As We Forgive Our Debtors addresses these questions with hard empirical data drawn from bankruptcy court filings. The authors of this multidisciplinary study describe the law and the statistics in clear, nontechnical language, combining a thorough statistical description of the social and economic position of consumer bankrupts with human portraits of the debtors and creditors whose journeys have ended in bankruptcy court. Book jacket.

Cases, Problems, and Materials on Bankruptcy

Cases, Problems, and Materials on Bankruptcy PDF Author: Douglas G. Baird
Publisher: Aspen Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 212

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Book Description


United States Code

United States Code PDF Author: United States
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1146

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Book Description
"The United States Code is the official codification of the general and permanent laws of the United States of America. The Code was first published in 1926, and a new edition of the code has been published every six years since 1934. The 2012 edition of the Code incorporates laws enacted through the One Hundred Twelfth Congress, Second Session, the last of which was signed by the President on January 15, 2013. It does not include laws of the One Hundred Thirteenth Congress, First Session, enacted between January 2, 2013, the date it convened, and January 15, 2013. By statutory authority this edition may be cited "U.S.C. 2012 ed." As adopted in 1926, the Code established prima facie the general and permanent laws of the United States. The underlying statutes reprinted in the Code remained in effect and controlled over the Code in case of any discrepancy. In 1947, Congress began enacting individual titles of the Code into positive law. When a title is enacted into positive law, the underlying statutes are repealed and the title then becomes legal evidence of the law. Currently, 26 of the 51 titles in the Code have been so enacted. These are identified in the table of titles near the beginning of each volume. The Law Revision Counsel of the House of Representatives continues to prepare legislation pursuant to 2 U.S.C. 285b to enact the remainder of the Code, on a title-by-title basis, into positive law. The 2012 edition of the Code was prepared and published under the supervision of Ralph V. Seep, Law Revision Counsel. Grateful acknowledgment is made of the contributions by all who helped in this work, particularly the staffs of the Office of the Law Revision Counsel and the Government Printing Office"--Preface.

Personal Bankruptcy Laws For Dummies

Personal Bankruptcy Laws For Dummies PDF Author: James P. Caher
Publisher: John Wiley & Sons
ISBN: 1118052803
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
With tips on understanding -- and surviving -- the new bankruptcy laws If you're considering bankruptcy, you need straightforward answers and reliable advice. This handy guide covers it all -- so you can get your finances in line and your life back on track. This updated new edition covers everything you need to know about the new bankruptcy law and includes even better resources. Don't get desperate -- get out of debt instead! Discover how to * Weigh the consequences of bankruptcy * Manage your spending * Find professional help you can trust * Decide on the right type of bankruptcy * Pass the means test * Keep more of your stuff

Strategic Bankruptcy

Strategic Bankruptcy PDF Author: Kevin J. Delaney
Publisher: Univ of California Press
ISBN: 0520073592
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
In probing the Chapter 11 bankruptcies of Johns-Manville, Frank Lorenzo's Continental Airlines and TeƗaco, the author shows not only that bankruptcy is pursued by managers more and more as a strategy, but that it is becoming accepted by the business community as a viable option and not just a last-ditch solution.

Corporate Bankruptcy

Corporate Bankruptcy PDF Author: Grant W. Newton
Publisher: Wiley
ISBN: 9780471332688
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
No company should proceed toward a possible bankruptcy claim without a thorough understanding of the implications of all the available options. Corporate Bankruptcy provides CEOs, CFOs, controllers, and treasurers, as well as financial advisors and other professionals involved with bankruptcy filing, the tools they need to succeed. Order your copy today!

How to File for Bankruptcy

How to File for Bankruptcy PDF Author: Stephen Elias
Publisher: NOLO
ISBN: 9780873374200
Category : Business & Economics
Languages : en
Pages : 354

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Book Description
Every year, more than a million people file for bankruptcy. This book gives them a clear and complete overview of the bankruptcy process, explains the repurcussions of filing for Chapter 7 bankruptcy and provides step-by-step instructions and all the forms necessary to file. It clearly outlines what debts can and cannot be eliminated in bankruptcy, what property debtors risk losing, how to protect assets and rebuild credit and how to deal with aggressive credit card companies seeking speedy credit repayment. State-by-state exemption tables included.

Bankruptcy and Debtor/creditor

Bankruptcy and Debtor/creditor PDF Author: Brian A. Blum
Publisher: Aspen Publishers
ISBN:
Category : Law
Languages : en
Pages : 586

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Book Description
Recommended with confidence by law professors across the country, BANKRUPTCY AND DEBTOR/CREDITOR: Examples & Explanations enters its Second Edition helping students Understand The many rules, principles, and policies of bankruptcy and debtor/creditor law. Author Brian Blum draws on his own teaching experiences to respond to student needs. Adhering to a proven-effective format, he begins with basic concepts, then gradually introduces more advanced issues. Demystifying debtor/credit law and facilitating comprehension, The book promotes effective study through: exceptionally clear writing organization that tracks the leading casebooks problems and answers that allow students to test their understanding BANKRUPTCY AND DEBTOR/CREDITOR: Examples & Explanations, Second Edition, now incorporates: updated text and new examples that reflect changes in the Bankruptcy Code the latest developments in debt adjustment and reorganization, support obligation in bankruptcy, and bankruptcy discharge new material on jury trials reorganized problems and answers - answers no longer immediately follow the problems more streamlined material with a sharper, tighter focus on the essential topics