학술논문
Is Section 363 All You Need To Know About Bankruptcy?
Document Type
Article
Author
Source
Subject
*Bankruptcy
*Moneylenders
*Asset backed financing
United States. Bankruptcy Abuse Prevention & Consumer Protection Act of 2005
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Language
ISSN
0888-255X
Abstract
The article deals with the need for lenders in the U.S. to understand the Section 363 of the Bankruptcy Code in Chapter 11. It mentions that the use of Section 363 by lenders as well as finance companies is important to resolve issues involving asset-based borrower. The author states that the basis for the shift in the bankruptcy process seems to derive principally from the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 and the liberal amounts of credit.