Bankruptcy is a legal action taken when a creditor is unable to pay their debts, or that,
given their circumstances, they are unlikely to do so. Recent changes in bankruptcy laws have created a need for
more and better information on this subject for debtors, creditors, and their attorneys. Debtors need to know what
their rights are and what they can reasonably expect from their debtors. Lawyers who may not specialize in this
area may need new or used books to keep their information up to date. Law students should beware that used texts
are current, reflecting current bankruptcy law, specifically the Bankruptcy Abuse Protection and Consumer
Protection Act of 2005.
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