Consumer Bankruptcy and Credit in the Wake of the 2005 Act

April 7, 2006: 9 a.m. to 5 p.m.

Millennium Knickerbocker Hotel
Chicago, Illinois

On April 20, 2005, President George W. Bush signed into law S. 256, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). That law went into effect on October 17, 2005. BAPCPA not only brought the most sweeping changes to the United States bankruptcy laws in over a quarter of a century, since the enactment of the 1978 Bankruptcy Code, but marked a radical reorientation in the fundamental nature and premises of consumer bankruptcy in this country.

Now, one year after the enactment of the controversial BAPCPA reform, a dozen of the leading bankruptcy scholars in North America explore the significance and the impact of the new law on consumer bankruptcy and consumer credit in the United States and around the world.