Bankruptcy Reform Act of 1978
GPTKB entity
Statements (56)
Predicate | Object |
---|---|
gptkbp:instanceOf |
legislation
|
gptkbp:allows |
restructuring of debts
reorganization plans |
gptkbp:amends |
Bankruptcy Code
liquidation process |
gptkbp:createdBy |
automatic stay
discharge of debts bankruptcy mediation processes Chapter_12_for_family_farmers |
gptkbp:effectiveDate |
October 1, 1979
|
gptkbp:enactedBy |
gptkb:United_States_Congress
|
gptkbp:established |
means test
bankruptcy appellate panels bankruptcy filing fees creditor committees Chapter_11 Chapter_13 dischargeability_of_student_loans |
gptkbp:goal |
facilitate reorganization
improve creditor recovery protect debtors reform bankruptcy process |
https://www.w3.org/2000/01/rdf-schema#label |
Bankruptcy Reform Act of 1978
|
gptkbp:impact |
individuals and businesses
business bankruptcy consumer bankruptcy |
gptkbp:includes |
consumer protections
business protections |
gptkbp:influenced |
financial institutions
financial literacy initiatives bankruptcy courts credit reporting practices bankruptcy attorneys bankruptcy policy debates bankruptcy reform movements state bankruptcy laws subsequent bankruptcy legislation |
gptkbp:influencedBy |
economic conditions of the 1970s
|
gptkbp:introduced |
gptkb:House_of_Representatives
|
gptkbp:led_to |
gptkb:Bankruptcy_Abuse_Prevention_and_Consumer_Protection_Act_of_2005
increased consumer awareness of bankruptcy options |
gptkbp:provides |
legal framework for bankruptcy
framework for debt restructuring fresh start for debtors guidelines for bankruptcy trustees legal protections for debtors |
gptkbp:reduces |
stigma of bankruptcy
|
gptkbp:renovated |
creditor rights
debt discharge rules debtor protections |
gptkbp:replacedBy |
gptkb:Bankruptcy_Act_of_1898
|
gptkbp:requires |
credit counseling
|
gptkbp:signature |
gptkb:Jimmy_Carter
|
gptkbp:updates |
bankruptcy filings
debtor education requirements transparency in bankruptcy proceedings |