Bankruptcy Reform Act of 1978
- Bankruptcy Reform Act of 1978
The Bankruptcy Reform Act of 1978 (USPL|95|598, USStat|92|2549, November 6, 1978) is a United States Act of Congress regulating Bankruptcy.
The current Bankruptcy Code was enacted in 1978 by § 101 of the Act which generally became effective on October 1, 1979. The current Code completely replaced the former Bankruptcy Act of 1898, sometimes called the "Nelson Act" (Act of July 1, 1898, ch. 541, USStat|30|544). The current Code has been since 1978. ("See, "e.g." Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.")
This act Prohibits employment discrimination against anyone who has declared bankruptcy.
Wikimedia Foundation.
2010.
Look at other dictionaries:
Bankruptcy Reform Act of 1978 — the first substantive bankruptcy code revision since the Chandler Act of 1938. It took effect on October 1, 1979 and some of the major elements of this act were as follows: upgrading the jurisdiction of the U.S. bankruptcy courts to deal with… … Glossary of Bankruptcy
Bankruptcy Reform Act of 1994 — the most comprehensive piece of bankruptcy legislation since the Bankruptcy Reform Act of 1978; signed into law on October 22, 1994 with most provisions effective immediately; included in the 1994 Act are: provisions to expedite bankruptcy… … Glossary of Bankruptcy
Bankruptcy Tax Act of 1980 — the Bankruptcy Reform Act of 1978 did not specify how certain tax matters concerning bankruptcies should be handled. The Bankruptcy Tax Act of 1980 was passed to specify the tax treatment of bankruptcy tax issues. It specifies the tax treatment… … Glossary of Bankruptcy
Bankruptcy Reform Act — 1978 A US law that brought about major changes to bankruptcy law after 40 years of the previous legislation. The reforms made it easier to file petitions, amended the previous absolute rule giving priority to secured creditors in all cases, and… … Big dictionary of business and management
Bankruptcy Act of 1898 — the basis of the federal bankruptcy statutes used until the Bankruptcy Reform Act of 1978. It provided primarily for liquidation of companies; reorganization could be affected indirectly under the 1898 Act through equity receiverships (these were … Glossary of Bankruptcy
Bankruptcy Code — the name given to the statutory body of bankruptcy laws after the Bankruptcy Reform Act of 1978 (Glossary of Common Bankruptcy Terms) The common name given to title 11 of the United States Code. The Bankruptcy Code is a set of federal statutes… … Glossary of Bankruptcy
Bankruptcy Amendments of 1984 — a set of amendments to the Bankruptcy Reform Act of 1978. The Amendments contain a number of provisions including: limiting the jurisdiction of the bankruptcy court, limiting the right of companies to invalidate labor contracts while in… … Glossary of Bankruptcy
Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… … Wikipedia
Bankruptcy Appellate Panel — A Bankruptcy Appellate Panel (abbreviated BAP) is a group of judges of the United States bankruptcy courts who are appointed to hear appeals from certain bankruptcy cases under the supervision of the United States courts of appeals.Not all of the … Wikipedia
Bankruptcy Act — Many statutes have been known as the Bankruptcy Act.* Bankruptcy Act of 1841 – ch. 9, USStat|5|440, 1841 04 19 * Bankruptcy Act of 1898 – Nelson Act, July 1, 1898, ch. 541, USStat|30|544) * Bankruptcy Reform Act of 1978 –… … Wikipedia
