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Debtor Audits, RIP

posted by John Pottow

Hot of the presses that the EOUST has (again) suspended its "required" debtor audits due to budgetary constraints.  Initially they were supposed to do 1 in every 250, and that number fell in recent years to one in every 1,500 or so due to constraints, and sometimes they just run out of money toward the end of the fiscal year.  This is the most precocious suspension I'm aware of.  (But it sounds like such a great idea on paper...)

April 3, 2013 at 2:44 PM in 2005 Bankruptcy Amendments (BAPCPA), Consumer Contracts

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