Question: Under the U . S . Const. Art. 1 sec . 8 , the power to adopt a uniform national law of bankruptcy is invested

Under the U

.

.

Const. Art.

1

sec

. 8,

the power to adopt a uniform national law of bankruptcy is invested exclusively in the U

.

.

Congress. Congress has passed a comprehensive code of bankruptcy laws and established a system of auxiliary federal bankruptcy courts exclusively for the purpose of adjudicating and administering bankruptcy matters. The impacts that those laws have upon creditors, and business activities generally, have been controversial. Considering the various types of statutory relief available in bankruptcy to debtors, do you believe that these statutory rights and procedures are fair and rational? Does the law adequately protect the rights of creditors? What changes would you make to bankruptcy law

(

if any

),

and why?

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