Bankruptcy concerns or suggestions? Join the ABI Consumer Commission

The  American Bankruptcy Institute (ABI) has formed a Commission on Consumer Bankruptcy. More information about the Commission is available on its web site . the committee is requesting input and suggestions about the Commission’s work.

The ABI has asked the Commission to assist with “researching and recommending improvements to the consumer bankruptcy system that can be implemented within its existing structure. These changes might include amendments to the Bankruptcy Code, changes to the Federal Rules of Bankruptcy Procedure, administrative rules or actions, recommendations on proper interpretations of existing law and other best practices that judges, trustees and lawyers can implement.”

The first public meeting is during the 2017 annual meeting for the National Association of Consumer Bankruptcy Attorneys (NACBA) in Orlando, Florida. Anyone is invited to make a a request to make a statement during the meeting, which will be held on Saturday, May 6 8:00 and 10:30 a.m. in Oceanic Room 1 of the Walt Disney Dolphin Hotel. To make a request, you can email the Commission at ConsumerCommission@abiworld.org. They request that you submit a written statement. More information about making a public statement to the Commission is available here.

The Commission also welcomes written statements. You can submit suggestions for topics the Commission should study by going to the Commission web site. In the upper-right, click on the link that says “Submit Topic” and, well . . . submit a topic. The link will take you to a page where you can suggest a topic and elaborate on why it is important. Any topic suggestions submitted there will be forward along to the relevant committees of the Commission.

Issues of concern include servicers filing fraudulent Proof of Claims, servicers who prevent homeowners from modifying loans while in bankruptcy, and the difficulty in filing an Adversary proceeding in order to have a creditor prove standing. Other bankruptcy issues include servicers tacking on unapproved fees and inaccurate credit reporting.

One Response

  1. I have a Cure for all those problems ….
    Live within your means and don’t use credit….

    WATCH THE DOMINO EFFECT IN AWE ..
    AND TAKE BACK OUR COUNTRY !!!

    Can I get an Amen ?

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