United States Statutes At Large, Volume 119, 2005 Page: 50
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PUBLIC LAW 109-8-APR. 20, 2005
"(o) Notwithstanding subsection (f), if a person purchases any
interest in a consumer credit transaction that is subject to the
Truth in Lending Act or any interest in a consumer credit contract
(as defined in section 433.1 of title 16 of the Code of Federal
Regulations (January 1, 2004), as amended from time to time),
and if such interest is purchased through a sale under this section,
then such person shall remain subject to all claims and defenses
that are related to such consumer credit transaction or such con-
sumer credit contract, to the same extent as such person would
be subject to such claims and defenses of the consumer had such
interest been purchased at a sale not under this section.".
SEC. 205. GAO STUDY AND REPORT ON REAFFIRMATION AGREEMENT
PROCESS.
(a) STUDY.-The Comptroller General of the United States shall
conduct a study of the reaffirmation agreement process that occurs
under title 11 of the United States Code, to determine the overall
treatment of consumers within the context of such process, and
shall include in such study consideration of-
(1) the policies and activities of creditors with respect to
reaffirmation agreements; and
(2) whether consumers are fully, fairly, and consistently
informed of their rights pursuant to such title.
(b) REPORT TO THE CONGRESS.-Not later than 18 months after
the date of the enactment of this Act, the Comptroller General
shall submit to the President pro tempore of the Senate and the
Speaker of the House of Representatives a report on the results
of the study conducted under subsection (a), together with rec-
ommendations for legislation (if any) to address any abusive or
coercive tactics found in connection with the reaffirmation agree-
ment process that occurs under title 11 of the United States Code.
Subtitle B-Priority Child Support
SEC. 211. DEFINITION OF DOMESTIC SUPPORT OBLIGATION.
Section 101 of title 11, United States Code, is amended-
(1) by striking paragraph (12A); and
(2) by inserting after paragraph (14) the following:
"(14A) 'domestic support obligation' means a debt that
accrues before, on, or after the date of the order for relief
in a case under this title, including interest that accrues on
that debt as provided under applicable nonbankruptcy law not-
withstanding any other provision of this title, that is-
"(A) owed to or recoverable by-
"(i) a spouse, former spouse, or child of the debtor
or such child's parent, legal guardian, or responsible
relative; or
"(ii) a governmental unit;
"(B) in the nature of alimony, maintenance, or support
(including assistance provided by a governmental unit) of
such spouse, former spouse, or child of the debtor or such
child's parent, without regard to whether such debt is
expressly so designated;
"(C) established or subject to establishment before, on,
or after the date of the order for relief in a case under
this title, by reason of applicable provisions of-119 STAT. 50
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United States. Congress. United States Statutes At Large, Volume 119, 2005, legislative document, 2006; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc86678/m1/68/: accessed April 26, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.