NCBJ Behind the Bench: Special Report: Veterans Issues in Bankruptcy - Insights from the ABI Task Force for Veterans & Servicemembers' Affairs
President Donald J. Trump on Aug. 23 signed the “Small Business Reorganization Act of 2019” (H.R. 3311), “HAVEN Act” (H.R. 2938) and “Family Farmer Relief Act of 2019” (H.R. 2336) into law. The bipartisan bills, which ABI testified in support of in June, passed the House in late July and the Senate on August 1. Experts provide an overview of the new laws and how they will help financially distressed small businesses, disabled veterans and family farmers going forward.
ABI Executive Director Sam Gerdano talks with Jay Bender of Bradley Arant Boult Cummings LLP (Birmingham, Ala.), Kristina M. Stanger of Nyemaster Goode, P.C. (Des Moines, Iowa) and John H. Thompson of McGuireWoods LLP (Washington, D.C.) about proposals to equalize the means test treatment for veterans who seek chapter 7 relief. Bender, Stanger and Thompson, who are part of the legislative committee of ABI's Veterans' Task Force, talk about the problem of including VA disability payments as income and efforts to correct this disparity in the Code, such as the HAVEN Act.
ABI Executive Director Sam Gerdano talks with ABI President Ted Gavin of Gavin/Solmonese LLC (Wilmington, Del.) and John Ames of Bingham Greenebaum Doll LLP (Louisville, Ky.), a former ABI President), about ABI's new Veterans' Affairs Task Force. Gavin announced the formation of the Task Force in his speech when he became ABI President at the 2018 Annual Spring Meeting in April. Providing more details on the formation of the Task Force, which also includes former ABI President John Penn of Perkins Coie (Dallas) and former ABI Resident Scholar Jack Williams and Susan Seabury of Baker Tilly (Atlanta), Gavin and Ames discuss what the Task Force aims to accomplish — and ways that ABI members can help.