Btca

The Bankruptcy Technical Corrections Act has been passed by both chambers of Congress and has been signed by the President in Dec 22, 2010. This Act makes technical corrections to federal bankruptcy law in regards to amendments made by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, with respect to public access to papers, the power of the court, waiver of sovereign immunity, automatic stay, debtor reporting requirements, etc.

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Bankruptcy Technical Corrections Act has been passed by the House of Representative on 16th December 2010. The Act brings some changes in the bankruptcy laws. As per the new Act, consumers can get credit counseling on the day of filing petition also. Earlier, the consumer had to complete the credit counseling program before filing bankruptcy. Some phrases of the bankruptcy Code has also been changed.