As the economy tanks and bankruptcy filings soar, bankruptcy lawyers challenging a 2005 law's restrictions on how they can assist debtors contend that there is an urgent need for guidance from the nation's highest court. For the past four years, consumer bankruptcy attorneys and lawyers representing the credit industry, along with their national associations, have filed lawsuits around the country attacking attorney-related provisions in the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act.
Lawyers Challenge Limits of 2005 Bankruptcy Act
The National Law Journal
April 27, 2009