The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, provides for important changes in the management of cases in multiple chapters of the Bankruptcy Code. Strongly supported by credit card issuers, among others, the new provisions of the code will have potential dramatic impact on all classes of creditors, including senior secured, second lien, and unsecured. This forum, structured by professionals in the field of bankruptcy and restructuring, will focus on the practical aspects of the Act, as it may impact creditor revenue, profitability, and the restructuring of internal collection processes.
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