ABI’s New Online
Consumer Education Center Prepares Public for New Bankruptcy
August 31, 2005, Alexandria, Va.
– U.S. bankruptcy law will change dramatically on Oct. 17, and the
American Bankruptcy Institute, the largest multi-disciplinary,
non-partisan organization dedicated to research and education on matters
related to insolvency, has updated its free, easy-to-use Consumer
Education Center Website (http://www.abiworld.org/Template.cfm?Section=Consumer_Education_Center)
to help consumers navigate their way through the new law.
Designed to reduce the number of
bankruptcies filed in the United States, the new law
contains a host of new rules, regulations and restrictions that
consumers will need to know in order to make the best decisions about
their financial future.
The user-friendly Consumer Education
Center Website contains information critical to the decision-making
process for consumers considering bankruptcy, including:
- “Should I File for
Bankruptcy?” – complete with a “consumer bankruptcy
checklist” of important considerations,
- Comprehensive bankruptcy FAQs that take
the consumer from the decision-making process all the way through
- Links to pertinent resources, including
major credit counseling organizations and a host of “financial
- A directory of certified bankruptcy
attorneys , and
- An ABI-produced video program,
“Taking Charge of your Finances,” on the basics of household
budgeting and bankruptcy options.
ABI is the largest multi-disciplinary, non-partisan organization
dedicated to research and education on matters related to insolvency.
ABI was founded in 1982 to provide Congress and the public with unbiased
analysis of bankruptcy issues. The ABI membership includes more than
11,000 attorneys, accountants, bankers, judges, professors, lenders,
turnaround specialists and other bankruptcy professionals providing a
forum for the exchange of ideas and information. For additional
information on ABI, visit www.abiworld.org. For additional conference
information, visit http://www.abiworld.org/conferences.html