Bankruptcy Reform Act Aids Creditors in Claims

By René Lastreto, II Lang, Richert and Patch In April 2005, President Bush signed into law the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“Reform Act”). Most of the provisions go into effect on October 17, 2005. While the Reform Act contains many changes to consumer bankruptcy law, it also contains significant provisions applicable to business bankruptcy issues. … [Read more...]