NACBA Reveals Impact of BAPCPA
The National Association of Consumer Bankruptcy Attorneys (NACBA) will reveal findings of a study of more than 50,000 consumers impacted by the 2005 bankruptcy reforms today in a live telephone-based press conference. The conference will take place at 1:30 p.m. EST and can be accessed by dialing 1-800-860-2442.
As most consumer bankruptcy attorneys and credit counseling professionals might have anticipated, NACBA is expected to announce that the new bankruptcy law is not working as intended, and is instead imposing harsh burdens on consumers who have already been impacted by difficult circumstances beyond their control.
For complete details of the NACBA study, listen to streaming video of the news event after 6:00 p.m. EST at www.nacba.org.