Contact: John Hartgen

            
703-894-5935

            
jhartgen@abiworld.org

ABI'S REAFFIRMATION
AGREEMENTS IN CONSUMER BANKRUPTCY CASES UPDATED FOR RULE CHANGES,
CUTTING-EDGE ISSUES IN CONSUMER FINANCE

August 2, 2010 Alexandria, Va. — The American
Bankruptcy Institute has released Reaffirmation Agreements in Consumer Bankruptcy Cases, Second
Edition, to provide consumer bankruptcy with an important updated
resource addressing consumer debtors that want to reaffirm their debts.
As the first edition of Reaffirmation Agreements addressed what to expect under
BAPCPA, the Second Edition
provides an expanded update of reaffirmation essentials, including the
necessity, timing and content of reaffirmation agreements. In addition,
it addresses cutting-edge issues such as loan modifications,
post-discharge litigation and increased involvement by bankruptcy
courts. Authored by Prof.
face='Times New Roman'>Dan Austin of Northeastern University
School of Law (Boston)and consumer
attorneyDon Lassman
(Needham, Mass.), Reaffirmation
Agreements discusses the relevant Bankruptcy Code sections and
addresses the December 2009 changes to the Federal Rules of Bankruptcy
Procedure. It also includes reaffirmation statistics, a sample letter
for creditors and a state-by-state comparison of enforcement of ipso
facto provisions.

Members of the press interested in interviewing any of the authors
should contact John Hartgen at 703-894-5935 or
href='mailto:jhartgen@abiworld.org'>jhartgen@abiworld.org. The softbound
Reaffirmation Agreements in Consumer Bankruptcy Cases, Second
Edition, is available for pre-order ($25 ABI members; $45
non-members) at ABI's Online Bookstore. Click here to order.
href='http://www.abiworld.org/abistore'>
face='Times New Roman'>http://www.abiworld.org/abistore.

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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 more than
12,600 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
face='Times New Roman'>www.abiworld.org. For additional
conference information, visit
href='http://www.abiworld.org/conferences.html'>
face='Times New
Roman'>http://www.abiworld.org/conferences.html.