Abuse and Prevention of Bankruptcy

Describe and analyze the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). Who is this law intended to help? Why is it necessary to legislate the abuse and prevention of bankruptcy?  Please note that you will find a detailed description of the “Bankruptcy” topic in Chapter 30 of the course textbook.  The original thread should be about 500 words (~1 page) and three or more responses need to be around 100-200 words (~ 1/4 page).  Please ensure that your discussion threads and responses are original, substantive, analytical, interactive, and critical.    Discussion Directions This discussion forum spans Week 9-10. Please note that your original thread and responses need to be analytical, interactive, and critical. When you reply, ALWAYS state the name of the classmate you are responding to and your name at the bottom of the message. Make sure to use scholarly writing including appropriate references, proper grammar, and punctuation in this college-level course in all of your interactions. Please avoid “text” or “Twitter” style scripting in your academic dialogue. Readability: It is very important that you breakdown your writing into paragraphs for ease of readability. Your initial posing should not be one long paragraph. Make intentional efforts so that each paragraph would not be longer than ten lines. The ideal length of the original would be about 4-5 paragraphs.   

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