Although some recommendations have already been made public, the American Bankruptcy Institute (ABI)’s Commission on Consumer Bankruptcy will release and present its Final Report and Recommendations on April 12th. Over the past two years, the 17-member Commission has examined dozens of issues. We expect the report will cover a variety of topics affecting consumer bankruptcy issues, including reductions of barriers to entry, enhancing the fresh start and making chapter 13 work for all See more +
Although some recommendations have already been made public, the American Bankruptcy Institute (ABI)’s Commission on Consumer Bankruptcy will release and present its Final Report and Recommendations on April 12th. Over the past two years, the 17-member Commission has examined dozens of issues. We expect the report will cover a variety of topics affecting consumer bankruptcy issues, including reductions of barriers to entry, enhancing the fresh start and making chapter 13 work for all stakeholders.
Given the depth of topics covered in the Final Report, we will be doing a 2 part series. Our second webinar will provide an overview of the Final Report and recommendations from the Commission, with a targeted focus on areas of interest to residential mortgage creditors. We will also forecast next steps and reactions from the industry. See less -