The Bankruptcy Abuse Preventionand Consumer Protection Act of2005 garnered considerablemedia attention for its effect onconsumer bankruptcies. As was widelyreported, BAPCPA is indeed going tomake it harder on consumers to file forand receive a bankruptcy discharge.
While true, this generalization ignoresseveral significant changes to theBankruptcy Code affecting commercialsuppliers to financially distressed companies. The good news for suppliers is thatmost of these changes provide greaterprotection to sellers of goods on credit.
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