Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
GPTKB entity
Statements (74)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:addresses |
fraudulent transfers
|
| gptkbp:allows |
bankruptcy discharge for repeat filers
|
| gptkbp:amends |
Bankruptcy Code
|
| gptkbp:effectiveDate |
October 17, 2005
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:established |
debtor education requirements
new penalties for abuse new rules for bankruptcy appeals new rules for secured debts new standards for bankruptcy petitions new_bankruptcy_forms |
| gptkbp:hasDepartment |
discharge of debts
|
| https://www.w3.org/2000/01/rdf-schema#label |
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
|
| gptkbp:impact |
small businesses
financial literacy initiatives consumer protection laws credit scores credit unions mortgage lenders credit card companies debt collection practices bankruptcy attorneys' fees bankruptcy court jurisdiction consumer bankruptcy education programs consumer debt levels financial stability of consumers consumer_bankruptcy_filings |
| gptkbp:includes |
provisions for student loans
|
| gptkbp:influences |
consumer credit availability
bankruptcy attorney practices bankruptcy case outcomes bankruptcy court procedures bankruptcy law education bankruptcy planning strategies financial institutions' policies bankruptcy_reform_discussions |
| gptkbp:introduced |
gptkb:House_of_Representatives
|
| gptkbp:mandates |
creditor notification
|
| gptkbp:modifications |
bankruptcy law enforcement
bankruptcy filing process exemption laws bankruptcy_discharge_timelines dischargeability_of_debts |
| gptkbp:provides |
guidelines for asset liquidation
guidelines for bankruptcy mediation guidelines for debt repayment plans guidelines for reaffirmation agreements protection for homeowners protections against predatory lending protections for co-signers protections for military personnel |
| gptkbp:purpose |
to reform bankruptcy laws
|
| gptkbp:requires |
credit counseling before filing
financial management courses debtors to attend credit counseling sessions debtors to attend hearings debtors to complete a means test debtors to disclose assets debtors to provide a list of creditors debtors to provide financial documentation debtors to provide proof of income debtors to submit a repayment plan debtors to submit a statement of financial affairs debtors to submit tax returns |
| gptkbp:signature |
gptkb:George_W._Bush
|
| gptkbp:updates |
filing fees for bankruptcy
debtor responsibilities means testing for bankruptcy regulatory oversight of bankruptcy filings requirements for bankruptcy attorneys scrutiny of bankruptcy filings time for filing bankruptcy transparency in bankruptcy filings |