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Congress is once again embarking on the quest that is approached about every two decades—the search for a "fair" consumer bankruptcy system. As Congressman George W. Gekas (R-PA) noted upon the introduction of his reform bill H.R. 3150, the…
To most people who are not insol-vency professionals, bankruptcy is a specialty, a discrete area of law. Insolvency experts, however, know that bankruptcy is one of the most generic of subjects, impacting virtually every legal discipline as…
Last summer, Prof. Robert M. Lawless of the University of Missouri-Columbia published an excellent paper on the relationship between non-business bankruptcy filings and consumer debt load, including mortgages, titled The Relationship Betwee…