Contact: John Hartgen
             703-739-0800
             [email protected]

ABI LAUNCHES REDESIGNED CONSUMER BANKRUPTCY CENTER

July 15, 2008, Alexandria, Va.— Consumer bankruptcy cases continue to increase, and the American Bankruptcy Institute (ABI) has responded by launching its redesigned Consumer Bankruptcy Center to provide consumers and practitioners with a user-friendly resource to find information critical to the consideration of personal bankruptcy.   The redesigned Consumer Bankruptcy Center has two main sections: one for the consumer and one for the consumer bankruptcy professional.  You may view the site at http://consumer.abiworld.org/.

A consumer who is seeking information about the bankruptcy process or looking for a bankruptcy attorney may visit the “For Consumers” section for links to valuable updated information, 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 exiting bankruptcy.
• Links to pertinent resources, including major credit counseling organizations and a host of “financial literacy” sources.

A consumer bankruptcy professional may direct his or her clients to this section, and should also visit the “For Consumer Professional” section for a wealth of resources that will assist in practice.  The section for the consumer bankruptcy professional has four subsections covering upcoming events, consumer publications, educational resources and useful links to other sections of ABI World, such as headlines, blogs, podcasts and statistics.  Recent cases are highlighted in weekly updates from Collier and West’s Bankruptcy Newsletter. The site also includes a search function where consumers or professionals can use keywords to search for consumer bankruptcy topics of interest.

ABI acknowledges in particular the assistance of Alane A. Becketof Becket & Lee LLP (Malvern, Pa.) in the redesign.

###

ABI is the largest multi-disciplinary, nonpartisan 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 11,700 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.