Personal Bankruptcy

In 2005, the U.S. Congress approved a major reform of federal bankruptcy laws. On the Internet, do research on "bankruptcy reform" or equivalent terms. Answer the following questions:

a.What were the major reforms made to federal bankruptcy laws in 2005?

b.What particular industry probably led the drive to encourage Congress to change the law? Why do you think so?

Thank you for using the Jiskha Homework Help Forum. Note that this assignments asks YOU to do the research. Go to GOOGLE, type in "bankruptcy reform" and see what you get!

i have the same class and when i typed bankruptcy reform i found this

a. To find information on the major reforms made to federal bankruptcy laws in 2005, follow these steps:

1. Open a web browser on your computer or mobile device.
2. Go to a search engine like Google, Bing, or Yahoo.
3. In the search box, type in "major reforms to federal bankruptcy laws 2005".
4. Press Enter or click on the search button to retrieve the search results.
5. Look for reputable sources such as government websites, legal publications, or news articles that provide information on the specific reforms made to bankruptcy laws in 2005.
6. Read through the sources to identify and understand the major reforms that were implemented.

b. To determine the particular industry that probably led the drive to encourage Congress to change the law, and why, follow these steps:

1. Open a web browser on your computer or mobile device.
2. Go to a search engine like Google, Bing, or Yahoo.
3. In the search box, type in "industry that led the drive to change bankruptcy law 2005" or "industry lobbying for bankruptcy law reform 2005".
4. Press Enter or click on the search button to retrieve the search results.
5. Look for reputable sources such as news articles, industry publications, or scholarly papers that discuss the lobbying efforts and influence of specific industries on the bankruptcy law reform.
6. Read through the sources to gather information on the particular industry and their motivations for pushing for the changes in the law.

By following these steps, you should be able to find answers to both questions by researching the "bankruptcy reform" and related terms on the Internet.