Question
On March 27, 2020, President Trump signed into law the historic Coronavirus Aid, Relief and Economic Security Act ('CARES Act).On December 27, 2020, President Trump
On March 27, 2020, President Trump signed into law the historic Coronavirus Aid, Relief and Economic Security Act ('CARES Act").On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act of 2021 (CAA), the omnibus funding bill that makes consolidated appropriations for the fiscal year ending September 30, 2021. The CAA also provides various forms of economic relief to address theeffects of the COVID-19 pandemic.These Acts include several temporary modifications to Chapters 7, 11 and 13 of the U.S. Bankruptcy Code. What are some of these modifications? Do you think since the pandemic continues to be ongoing, these modifications should be extended? Do you think more modifications should be made to give relief to debtors affected by the pandemic?
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