U.S. Supreme Court holds Bankrupcy Attorneys are Debt Relief Agencies Under the BAPCPA

In the case of Milavetz vs. Milavetz, 559 U.S. ____ (2010), the United States Supreme Court held that bankruptcy attorneys are considered 'debt relief agencies' under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ('BAPCPA'). The Court further held that Bankruptcy Code '§526(a)(4) prohibits a debt relief agency only from advising a debtor to incur more debt because the debtor is filing for bankruptcy, rather than for a valid purpose.'
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