New Bankruptcy Legislation Presented To The President

The American Bankruptcy Institute reports the Bankruptcy Reform Act of 2000 was presented to the President on December 7, 2000 triggering the start of the 10-day period for the President's action to sign or veto the bill. Under the Constitution, the President has 10 days (Sundays exce...

House Bill Extends Chapter 12 Protection For Farmers

The American Bankruptcy Institute reported the House on February 28, 2001 overwhelmingly passed legislation (H.R. 256) to extend chapter 12 bankruptcy protection to farmers an additional 11 months beyond its expiration on July 1, 2000. Rep. Nick Smith (R-Mich.) introduced the bill sep...
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