Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Bill: 109-hr-685
Sponsor: Rep. Sensenbrenner, F. James, Jr. [R-WI-5]
Introduced: 2005-02-09 in the House
Policy area: Finance and Financial Sector
Subjects: Accounting
Administrative procedure
Advertising
Agriculture and Food
Alabama
Alimony
Alternative dispute resolution
Animals
Appellate courts
Appellate procedure
Aquaculture
Auditing
Automobiles
Bank failures
Bank records
Bankruptcy
Bankruptcy courts
Books
Branch banking
Brokers
Business records
California
Caregivers
Cemeteries and funerals
Change of venue
Charities
Child health
Child support
Chronically ill
Civil Rights and Liberties, Minority Issues
Civil actions and liability
Civil service retirement
Close corporations
Clothing
Collection of accounts
College costs
Commerce
Compensation for victims of crime
Conflict of interests
Congress
Congressional investigations
Congressional reporting requirements
Consumer credit
Consumer education
Consumer goods
Consumer protection
Contracts
Cooperative housing
Corporate debt
Corporate reorganizations
Counseling
Court records
Credit cards
Credit unions
Crime and Law Enforcement
Criminal investigation
Curricula
Custody of children
Damages
Data banks
Debit cards
Debt limit
Debtor and creditor
Delaware
Department of Justice
Deposit insurance
Derivative securities
Disabled
District courts
Divorce
Driver licenses
Drug abuse
Drug traffic
Drunk driving
Easements
Economics and Public Finance
Education
Education savings accounts
Electronic commerce
Electronic government information
Elementary and secondary education
Elementary education
Employee benefit plans
Energy
Eviction
Evidence (Law)
Excise tax
Families
Family farms
Family violence
Farm income
Farm produce
Farmers
Federal Deposit Insurance Corporation
Federal Reserve System
Federal advisory bodies
Federal law enforcement officers
Federally-assisted loans
Federally-guaranteed loans
Financial planning
Financial statements
Fines (Penalties)
Fisheries
Fishing boats
Florida
Foreclosure
Foreign Trade and International Finance
Foreign banks and banking
Fraud
Fringe benefits
Frivolous lawsuits
Fuel
Futures trading
Georgia
Government Operations and Politics
Government corporations
Government paperwork
Government publicity
Government trust funds
Governmental investigations
Health
Health care industry
Health facilities
Health insurance
Higher education
Home care services
Homeowners' associations
Homestead law
Hospitals
Households
Housing and Community Development
Housing finance
Identification devices
Immigration
Income
Income tax
Individual retirement accounts
Injunctions
Interest
Interest rates
International Affairs
International cooperation
Internet
Investment banking
Investors
Judges
Judicial districts
Judicial review
Judicial statistics
Judicial tenure
Jurisdiction
Labor and Employment
Landlord and tenant
Law
Leases
Legal education
Legal ethics
Legal fees
Legislation
Licenses
Liens
Limitation of actions
Livestock
Loan defaults
Loans
Local employees
Local finance
Local taxation
Long-term care
Margins (Security trading)
Marine and coastal resources, fisheries
Marketing
Married people
Maryland
Medical records
Medicare
Michigan
Mississippi
Mortgages
Negligence
Nevada
New Jersey
New York State
North Carolina
Nursing homes
Ombudsman
Options (Contract)
Partnerships
Passports
Paternity
Patients' rights
Pennsylvania
Pension funds
Personal budgets
Photography
Professional fees
Profit
Property insurance
Property tax
Public prosecutors
Public utilities
Puerto Rico
Punitive damages
Quality of care
Real estate appraisal
Real property
Recognition (International law)
Rental housing
Retiree health benefits
Right of privacy
Science, Technology, Communications
Secondary education
Securities
Securities fraud
Securities regulation
Separation (Law)
Severance pay
Small business
Social Welfare
Social security numbers
South Carolina
State courts
State employees
State taxation
Stock exchanges
Stockholders
Stocks
Storage
Student loan funds
Students
Support of dependents
Surety and fidelity
Swaps (Finance)
Tariff
Tax administration
Tax courts
Tax deductions
Tax evasion
Tax exclusion
Tax liens
Tax penalties
Tax preparers
Tax refunds
Tax returns
Tax-deferred compensation plans
Tax-exempt organizations
Taxation
Teaching materials
Telephone

Summary:
action_date: 2005-02-09
text: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 - Amends Federal bankruptcy law governing: (1) conversion of bankruptcy petitions; (2) abusive creditor practices; (3) domestic support obligations; (4) consumer protections, including protection of personally identifiable information; (5) measures to discourage bankruptcy abuse, including reduction of the homestead exemption for fraud; (6) guidelines for general and small business bankruptcies, including appointment of a committee of retired employees; (7) bankruptcy data dissemination and bankruptcy tax provisions; (8) ancillary and other cross-border cases to incorporate the Model Law on Cross-Border Insolvency; and (9) financial contracts and transfers entered into with an insolvent insured depository institution before its conservatorship or receivership. 
Reenacts Chapter 12, Adjustment of Debts of a Family Farmer with Regular Annual Income.
Brings family fishermen within the purview of Federal bankruptcy protection.
Prescribes guidelines for insolvent health care businesses and related patients' rights. 
Bankruptcy Judgeship Act of 2005 - Amends the Federal Judicial Code to mandate appointments for additional temporary bankruptcy judgeships in designated States. 
Prescribes additional consumer credit disclosures, including open end credit plans and introductory rates.

Legislative actions:
action_date: 2005-05-13
text: Referred to the Subcommittee on Financial Institutions and Consumer Credit.
action_date: 2005-04-04
text: Referred to the Subcommittee on Commercial and Administrative Law.
action_date: 2005-02-09
text: Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-02-09
text: Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-02-09
text: Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-02-09
text: Introduced in House
action_date: 2005-02-09
text: Introduced in House