BANKRUPTCY: Implementation of Reform Act's Debt Reaffirmation Agreement Provisions

December 2007
GAO Reports;12/10/2007, preceding pi
Government Documents
The article presents a study conducted by the Government Accountability Office (GAO) which assessed the bankruptcy reaffirmation process of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Reform Act). The GAO discussed the extent to which required Reform Act disclosures and other information have been incorporated into reaffirmation agreements. It also reviewed a representative sampling of bankruptcy files with agreements in the bankruptcy courts across the nation.


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