Dear Subscriber:
Thank you for updating your library with the 2022 edition of
A Practical Guide to Consumer Bankruptcy
. TThis latest product brings updated resources within your immediate reach—for fast, accurate, and practical solutions.
The 2022 edition incorporates materials from Bankruptcy Practice in Massachusetts, substantially enhancing the book’s treatment of consumer bankruptcy law and practice.
Other highlights from the 2022 edition include
-
enactment of the Small Business Reorganization Act of 2019, which amended Chapter 11 to add Subchapter V—designed to permit qualifying small business debtors to file bankruptcy in a more timely and cost-effective manner—with extensive discussions of the requirements of the new subchapter and its relationship to the rest of the Bankruptcy Code);
-
three-year inflation adjustments, effective April 1, 2022, to numerous dollar amounts set forth in the Bankruptcy Code;
-
detailed guidance on completing a plan under Chapter 13;
-
requirements for the approval of Chapter 13 plans, including good faith and feasibility;
-
updated dollar thresholds and case law appliable to the means test and the discharge of debts in bankruptcy; and
-
circumstances that may rebut a presumption of abuse arising from the means test or that independently may be found to constitute an abuse of the bankruptcy system.
We trust you will find this latest version of
A Practical Guide to Consumer Bankruptcy
an invaluable resource for your busy practice.
Very truly yours,
John M. Lawlor, Esq.,
MCLE Publications Attorney