Warren need not look far for a fresh example of why the Bankruptcy Reform Act
of 201, which she has co-sponsored with Texas Republican Sen.
The Bankruptcy Reform Act
of 197851 was the first major federal bankruptcy act not to stem from a major economic panic in the nation, (52) and was the product of nearly a decade of intensive study by the congressionally formed Commission on the Bankruptcy Laws of the United States, bipartisan negotiations, and several draft bills.
27) King, supra note 13, at 1158; Patchan & Collins, supra note 11, at 289, 291; The Bankruptcy Reform Act
49) Despite continuing debate in Congress of whether educational debt should be treated differently than other debt, (50) the undue hardship standard (when discharging federal student loans five years or less after repayment begins) (51) was retained in the 1978 Bankruptcy Reform Act
Iraq war, NAFTA, Bankruptcy Reform Act
of 2000, immigration, gun control, the Keystone XL pipeline, the Trans-Pacific Partnership, same-sex marriage).
The enactment of the Bankruptcy Reform Act
of 1978 (which provided that a plan of reorganization could provide for "sale of all or any part of the property of the estate") and a succession of cases that almost immediately followed such enactment opened the door to such bankruptcy sales.
The Code as we know it was created in its entirety by the Bankruptcy Reform Act
of 1978, which was signed into law by President Jimmy Carter.
Credit card defaults registered the second largest monthly decline since the passage of the Bankruptcy Reform Act
in 2005 and are now back in line with historical averages.
The delay afforded me the opportunity to get his perspective on the newly enacted Bankruptcy Reform Act
of 1978 (the "Bankruptcy Code").
GAO was asked to examine the (1) availability and accessibility of data from the personal bankruptcy system and (2) potential benefits and limitations of the new data requirements of the Bankruptcy Reform Act
in addressing these issues.
Chapter 11 under the 1978 Bankruptcy Reform Act
was intended to eliminate the numerous litigations over the appropriateness of the firm's choice of Chapter X or XI bankruptcy filing under the Chandler Act.
Furthermore, under the Bankruptcy Reform Act
of 2005, anyone who files for bankruptcy must first visit one of these agencies.