Top 10 Ways Congress Can Improve the Bankruptcy Laws

In 2005 the credit industrial complex’s client (aka Congress) passed BAPCPA:  The Bankruptcy Abuse Prevention and Consumer Protection Act (sometimes cynically referred to as the Bankruptcy Prevention and Consumer Abuse Act).

Aside from whether the principles behind it were good or not (they weren’t), it was generally considered to be a poorly written and poorly thought out piece of legislation.

With that in mind, it’s nice to see that Bankruptcy Prof Blog has published a “Top 10 Parts of BAPCPA Congress Needs to Fix.”

We won’t list them all here and encourage you to click through to read the full post.  But a few of them include:

1.  No more Means Test
2.  Get rid of the credit counseling requirement
3.  Lawyers should not be debt relief agencies.


We think that a good addition to the Top 10 List (which is by all means a good start) would be the inclusion of Mortgage Cramdown.  It’s time for Congress to give bankruptcy judges the same power to modify home mortgages that they already have to modify commercial mortgages and pretty much all other debts.

The foreclosure crisis is spreading.  Not just for Las Vegas and Nevada residents, but for the whole country.  And Congress continues to miss an opportunity to do something about it.

Help Stop Foreclosure Las Vegas
In the meantime, if you need Las Vegas foreclosure help from good Las Vegas bankruptcy attorneys, please contact us for a free foreclosure consultation.

Haines & Krieger attorneys have been at the forefront of helping Las Vegas residents deal with foreclosure problems and getting back on their feet.  Get in touch to learn how we can help you too.

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