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9780833041838

Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
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  • ISBN-13: 9780833041838
  • ISBN: 0833041835
  • Publication Date: 2007
  • Publisher: RAND Corporation, The

AUTHOR

Carroll, Stephen J., Clancy, Noreen

SUMMARY

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) requires that debtors filing for bankruptcy whose monthly income exceeds the median income for their household size in their state use the IRS expense standards rather than their current expenses to calculate their monthly disposable income (MDI). This report assesses this new requirement's effects on debtors and the courts.Carroll, Stephen J. is the author of 'Bankruptcy Abuse Prevention and Consumer Protection Act of 2005', published 2007 under ISBN 9780833041838 and ISBN 0833041835.

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