Bucks County Bankruptcy: Student Loans Driving More To Bankruptcy
February 9, 2012
In 1999, Congress took steps to make it significantly more difficult to discharge student loans in bankruptcy. The Bankruptcy Reform Act of 1999 did not actually become law, nor did the 2001 iteration (the Bankruptcy Reform Act of 2001), but the law was included, in nearly identical language to that from the attempts in 1999 and 2001, in the 2005 overhaul known as the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA).
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