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Faculty Articles and Other Publications

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2005

Bankruptcy reform

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Bankruptcy Reform And The Financial Well-Being Of Women: How Intersectionality Matters In Money Matters, Kristin (Brandser) Kalsem Jan 2005

Bankruptcy Reform And The Financial Well-Being Of Women: How Intersectionality Matters In Money Matters, Kristin (Brandser) Kalsem

Faculty Articles and Other Publications

After eight years of heated controversy, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was signed into law by president Bush on April 20, 2005. Proponents of the Act claimed that it would cure the bankruptcy crisis and that the wealthy would no longer be allowed to abuse the system at the expense of hard-working American families. Opponents cast the legislation as a dream come true for the credit card companies, claiming that it would serve only to enrich the rich at the expense of the poorest of the poor. One of the key issues that emerged from …