Wed, 26 Mar 2025 11:48:11 +0000

Understanding Bankruptcy in the US

This episode unpacks the basics of bankruptcy, guided by U.S. constitutional and federal law, including misconceptions and long-term credit effects. We discuss key chapters like Chapter 7, Chapter 11, and notable cases like Lehman Brothers, before analyzing the impact of reforms like the 2005 BAPCPA on accessibility and consumer protections. From legal protections to economic implications, this conversation reveals the critical role…