Bankruptcy Brawls Over BAPCPA, Loans Hit High Court

Law360, New York (December 1, 2009, 7:02 PM EST) -- The U.S. Supreme Court mulled two cases Tuesday that could change the landscape of consumer bankruptcy law: a fight over a 2005 statute that barred lawyers from advising clients to take on debt while pondering bankruptcy and a dispute over whether Chapter 13 petitioners can discharge federal student loans.

Devoting Tuesday's session to consumer bankruptcy cases, the justices first heard a case involving a Minneapolis law firm's challenge to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.

Next, the Supreme Court heard a challenge...
To view the full article, register now.