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>Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

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News Release

Aug 18, 2011

Links Between Asbestos Bankruptcy Trusts, Tort Cases Examined

Asbestos bankruptcy trusts—created to compensate people injured by the mineral—may be influencing tort cases. The current way that the trusts and the tort cases are linked together may result in payments that are not consistent with the basic principles of the tort liability system.
Report

Aug 18, 2011

Asbestos Bankruptcy Trusts and Tort Compensation

This book examines how state tort laws and court proceedings consider the compensation available from asbestos bankruptcy trusts and the evidence submitted in trust claim forms, and how the establishment of the trusts can affect compensation.
Research Brief

Aug 18, 2011

Bankruptcy Trusts, Asbestos Compensation, and the Courts

People with asbestos injuries are increasingly receiving compensation from trusts set up by bankrupt asbestos defendants. This brief documents how courts handling these cases consider trust payments when determining compensation.
Report

Jul 26, 2010

Asbestos Bankruptcy Trusts: An Overview of Trust Structure and Activity with Detailed Reports on the Largest Trusts

This report describes the creation, organization, governance, and operation of asbestos personal-injury trusts and compiles information on the assets, outlays, claim-approval criteria, and governing boards of the 26 largest trusts.
Report

Jul 25, 2007

The Effects of the Changes in Chapter 7 Debtors' Lien-Avoidance Rights Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) limited exempt household goods on which debtors could avoid certain liens. This study found no changes in debtor or creditor behavior due to the new limits.
Report

Jul 23, 2007

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005: Evaluation of the Effects of Using IRS Expense Standards to Calculate a Debtor's Monthly Disposable Income

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires that bankruptcy filers with above-median monthly incomes use IRS standards, not current expenses, to calculate disposable income. This report assesses this law's effects.
Report

Jun 5, 2007

Identifying Fraud, Abuse, and Error in Personal Bankruptcy Filings

A digital bankruptcy case filing system, incorporating lessons from the IRS and GSA as well as the private sector, may be on the horizon to help the U.S. Trustee Program better identify and measure fraud, abuse, and error in personal bankruptcies.
Report

Jan 1, 1994

Statistical Forecasting of Bankruptcy of Defense Contractors: Problems and Prospects

Declining revenues in the defense industry may eventually result in bankruptcies. This report considers whether a model could reliably predict defense contractors' bankruptcy.
Report

Jan 1, 1973

The Impact of Proposed Changes in Bankruptcy Administration

An investigation and comparison of ways to improve the effectiveness and efficiency of the U.S. bankruptcy system, this study estimates costs of current bankruptcy functions, evaluates costs and benefits of proposed changes, and evaluates potential...
Report

Jan 1, 1973

An Application of Automation to Bankruptcy Administration and Processes

Demonstrates how functional procedures for straight-consumer and wage-earner bankruptcies can be improved through process changes and automation.

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