"The primary reason why current bankruptcy law doesn’t work well is that it dates back to 1978, before the explosion of consumer credit," says Professor Bob Lawless, a leading consumer credit and bankruptcy expert. In an interview with the Illinois News Bureau, Lawless discusses the changes to bankruptcy law recommended by the American Bankruptcy Institute’s Commission on Consumer Bankruptcy, for which he served as the reporter. He speaks about the impetus behind the report, some of the key findings and recommendations that were made, and more.

Read the full interview with the News Bureau.