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Expert Analysis

Will Rule 6003 Have A Lasting Impact On Anyone?

Law360 ( May 21, 2009, 12:00 AM EDT) -- Bankruptcy Rule 6003 was added to the Bankruptcy Code in response to pressure from creditors on Congress to restrict the relief available to debtors in the early stages of a bankruptcy case. Prior to Rule 6003, debtors routinely requested a broad spectrum of relief from courts during the first few days of any new filing. . . .

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