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Bankruptcy

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  • One Year Later: Are U.S. Bankruptcy Laws Working? Wednesday, 6 Dec 2006 | 12:36 PM ET

    It has been one year since the U.S. Senate enacted a massive overhaul of laws to regulate filing for bankruptcy. Filings are at a 10-year low since then – but there’s skepticism about whether these reforms are really helping. Robert Lawless – professor at the University of Illinois College of Law – will appear before a Senate judiciary committee today to give his take on just how effective these laws have been.