Encouraging congress to change the law


Question: 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:

Q1. What were the major reforms made to federal bankruptcy laws in 2005?

Q2. What particular industry probably led the drive to encourage Congress to change the law?

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Finance Basics: Encouraging congress to change the law
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