| The Bankruptcy
Abuse Prevention and Consumer Protection Act of 2005-
Recent
Amendments To the Bankruptcy Code
Recent amendments
to the Bankruptcy Code that will take effect by the end of
the year will result in a number of changes to the bankruptcy
process. This program includes a discussion of :
- Changes
to the rules on Reclamation Rights
- Proposed Administrative
Priority Claims for Sellers of Goods
- Revised rules on Preferences and
Preference defenses
- New rules for “small” business
debtors in Chapter 11
- Requirements involving "Means
Testing" for individual bankruptcies
- New Homestead exemption
limitations
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