Zywicki Testifies Before Senate Judiciary Subcommittee on Bankruptcy Reform

Professor Todd Zywicki testified before the Senate Committee on the Judiciary Subcommittee on Administrative Oversight and the Courts on Wednesday, December 6, as the Subcommittee held hearings to consider the effectiveness of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) following its one-year anniversary.

An expert on bankruptcy law, Zywicki contended that evidence to date indicates that the 2005 bankruptcy reforms appear to be on the right track, preserving bankruptcy relief for those who need it while reducing fraud and abuse.  Among the evidence Zywicki noted is that BAPCPA has "proven itself flexible enough" to preserve access to bankruptcy courts in unanticipated circumstances such as the aftermath of Hurricane Katrina.  He also cited a significant decline in filing rates, despite recent economic conditions that would be expected to increase bankruptcy filings, as an indicator that BAPCPA is rooting out fraudulent and abusive cases. 

Zywicki testified in favor of BAPCPA before the Senate Judiciary Committee in February 2005. The bill was enacted in April 2005 with an effective date of October 2005.

To schedule an interview with Professor Zywicki, please contact Ginny Smith at 703-993-8007 or

Read Professor Zywicki's testimony.