1. Chapter 14 Rights of Consumers, Debtors, and Creditors
PowerPoint Slides to Accompany The Legal, Ethical, and International Environment 6E, by Bohlman and Dundas
Chapter 14
Rights of Consumers, Debtors,
and Creditors
© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.

2. Consumer Credit Protection Act
Amendments
Credit Disclosure Act (Truth in Lending Act)
Consumer Leasing Act
Real Estate
Credit Cards
Debit Cards
Fair Credit Billing Act
Fair Credit Reporting Act
Consumer Reporting Reform Act
Equal Credit Opportunity Act
Fair Debt Collection Practices Act
© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.

3. Other Consumer Oriented Laws
Uniform Consumer Credit Code
Real Estate Settlement Procedures Act
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4. Creditor’s Rights Writ of execution Judicial sale Writ of attachment
Garnishment
Mortgage foreclosure
© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.

5. Sniadach v. Family Finance Corp. Landmark Case
As a result of this decision of the US Supreme Court, a court must determine that a valid debt exists before wages can be garnished
The debtor must receive proper notice and be offered a hearing before garnishment can take place
© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.

6. Bankruptcies and Reorganizations
Chapters
7—Straight bankruptcy
11—Reorganization
12—Farmers
13—Regular income
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7. Bankruptcies and Reorganizations--Terms
Estate
Automatic stay
Regular trustee
Power of avoidance
Statutory liens
Preferential liens
Exemption
Property distribution
Non-dischargeable debts
Reaffirmation
© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.

8. International Considerations
Consumer credit protection in foreign countries
© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.

9. Summary Consumer Credit Protection Act Other Consumer Oriented Laws
Creditor’s Rights
Sniadach v. Family Finance Group
Bankruptcies and Reorganizations
Bankruptcies and Reorganizations—Terms
International Considerations
© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.