Latest ABI Publication Highlights Protections for Financially Distressed Members of the U.S. Armed Forces
Contact: John Hartgen
LATEST ABI PUBLICATION HIGHLIGHTS PROTECTIONS FOR FINANCIALLY DISTRESSED MEMBERS OF THE U.S. ARMED FORCES
June 24, 2009 Alexandria, Va. – To highlight the numerous rights and protections that members of the U.S. armed forces have against creditor collection efforts, both built into the Bankruptcy Code and found in the Servicemembers Civil Relief Act, the American Bankruptcy Institute released Bankruptcy and Debt under the Servicemembers Civil Relief Act. These additional protections can provide a significant amount of relief to servicemembers, whose financial situations can present unique challenges given their enormous sacrifices on behalf of this country. Written by former ABI Resident Scholar Prof. Jack Williams of Georgia State University College of Law (Atlanta) and Susan Seabury of BDO Seidman, LLP (Atlanta), Bankruptcy and Debt under the Servicemembers Civil Relief Act covers the provisions of both the Act and the Bankruptcy Code that are designed to assist debtors in the armed forces, and discusses the instances that may thwart a servicemember’s eligibility for bankruptcy relief. In addition to case law, the book also contains the relevant sections of the Servicemembers Civil Relief Act addressing servicemember protections related to litigation, debt collection and bankruptcy filings, and includes sample forms and letters.
Members of the press interested in interviewing the authors should contact John Hartgen at 703-894-5935 or [email protected]. The 192-page softbound Bankruptcy and Debt under the Servicemembers Civil Relief Act is available for pre-order ($25 ABI members; $45 non-members) at ABI's Online Bookstore. Click here to order. http://www.abiworld.org/abistore
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 nearly 12,000 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.