Criticisms of the bapcpa

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Besides the bankruptcy abuses by corporations discussed in the textbook, what sort of bankruptcy abuses occur at the individual or small business level?

At the other end of the spectrum, some commentators claim that abuse reform has gone too far in other direction, and that some otherwise dischargeable debts have become non-dischargeable.

These reforms have removed the "fresh start" promise of bankruptcy. What are some of the criticisms of the BAPCPA? What would you change back?

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The Topic of the solution "Bankruptcy Abuses". It describe Bankruptcy is when the debtor is legally unable to repay the debt that he/she owes to the creditor. The problems associated with this act are that it limits the ability of the debtors to avoid liens through bankruptcy.Required references has also been added.

Reference no: EM13961065

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