News and Events
BAPCPA 2005: Are the New Regulations Helping or Harming Commercial Property Bankruptcies?
RCS Real Estate Advisors Senior Vice President Spence J. Mehl discusses the Bankruptcy Abuse Protection and Consumer Protection Act (BAPCPA) in the January issue of the ABF Journal.
Jan 1, 2008 ABF Journal
In the two years since the Bankruptcy Abuse Protection and Consumer Protection Act was signed into law, many within the industry have felt the pain new regulation can bring. But will the new rules turn out to aid the bankruptcy process or make it even harder to reorganize? Spence Mehl weighs in on the issue.
The Bankruptcy Abuse Protection and Consumer Protection Act (BAPCPA) was formally signed into law on April 20, 2005. While the act was ostensibly directed toward consumers and, indeed, much of the media spotlight and public attention since its passage has been focused on the law's impact on the individual, significant portions of the legislation have had a lasting impact on retail and other non-residential real estate bankruptcies.