Thread Starter: Dan Persfull
Title: Re: Loan Denial-Bankruptcy
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When The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) was signed into law bankruptcy was brought under the umbrella of the Consumer Portection Act.
From Reg. B 1002.1:
(b) Purpose. The purpose of this part is to promote the availability of credit to all creditworthy applicants without regard . . . . . or to the fact that the applicant has in good faith exercised any right under the Consumer Credit Protection Act.
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