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The Last Substantial Changes Made to Bankruptcy Law: 2005 Bankruptcy Abuse Prevention and Consumer Protection Act

The bankruptcy laws haven’t changed much since President Bush signed “The Bankruptcy Abuse Prevention and Consumer Protection Act” into existence in 2005. With the 2005 changes, filers saw new credit counseling requirements, the addition of the Means Test, changes to the Chapter 13 repayment plan period, limitations on state exemption eligibility, homestead exemption specifications, changes […]