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  • What changes should be made to modernize consumer bankruptcy law?

    The primary reason why current bankruptcy law doesn’t work well is that it dates back to 1978, before the explosion of consumer credit, says Robert M. Lawless, the Max L. Rowe Professor of Law at Illinois and a leading consumer credit and bankruptcy expert. Lawless served as reporter for the American Bankruptcy Institute’s Commission on Consumer Bankruptcy, which recommended several changes to the law.

    Photo by L. Brian Stauffer


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  • Editor’s note: To contact Robert M. Lawless, call 217-244-6714; email