Pluris has provided us with valuation services for several years now. They have always been very responsive to our requests and provided solid supporting data.

Susan M. Stein
Affirmative Insurance Holdings (NDQ: AFFM)

U.S. Bankruptcy Timeline

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1630-1783: The Colonial Period and Revolutionary America

- Pre-Revolutionary & Early Colonial Bankruptcy Law Resembles English Law

1783-1815: The Young Republic

- 1787 – U.S. Constitution Adopts “Bankruptcy Clause”
- 1800 – Bankruptcy Act of 1800 (Repealed in 1803)

1815-1860: Expansion, Political Reform and Turmoil

- 1819 – Sturges v. Crowninsheild
- 1833 – Federal Imprisonment for Debt Abolished

1830-1876: Sectional Controversy, War and Reconstruction

- 1841 – Bankruptcy Act of 1841 (Repealed in 1843)
- 1867 – Bankruptcy Act of 1867 (Amended in 1874, Repealed in 1867)

1871-1920: Second Industrial Revolution and More Political Reform

- 1898 – Bankruptcy Act of 1898/“Nelson Act”
(Amended in 1939, Lasts 80 years)

1914-1933: War, Prosperity and Depression

- 1932 – National Bankruptcy Conference Formed
- 1933 – The Bankruptcy Act of 1933 (Along w/ 1934 Act, Culminate in the 1938 Chandler Act)

1933-1945: The New Deal and World War II                

- 1934 – Local Loan v. Hunt
- 1934 – The Bankruptcy Act of 1934 (Along w/ 1933 Act, Culminate in 1938 Chandler Act)
- 1934 –Frazier-Lemke Farm Bankruptcy Act (Repealed in 1936)
- 1938 – The Chandler Act (Amends 1898 Act)
- Bankruptcy Laws Amended Dozens of Times Over the Next 40 Years…Notable Amendments

1945-1960: Postwar America

- 1946 – 1946 Amendment
- 1952 – 1952 Amendment

1960-1980: The Vietnam Era

- 1960 – Advisory Committee on Bankruptcy Rules Established
- 1964 - Congress Authorized Promulgation of Rules of Bankruptcy Procedure by the Supreme Court
- 1966 – 1966 Amendment
- 1970 – Securities Investor Protection Act (SIPA)
- 1970 – Commission on the Bankruptcy Laws of the United States Created
- 1978 – The Bankruptcy Reform Act of 1978/Bankruptcy Code (Replaces 1898 Act, Amended a Number of Times)

1980-2000: End of the Century

- 1980 – Bankruptcy Tax Act of 1980
- 1982 – Northern Pipeline Construction v. Marathon Pipeline Co.
- 1982 – The Purdue Study
- 1984 – Bankruptcy Amendment Act of 1984 (Amends Bankruptcy Code)
- 1986 – 1986 Amendments: Family Farmers and U.S. Trustees (Amends Bankruptcy Code)
- 1994 – Bankruptcy Reform Act of 1994 (Amends Bankruptcy Code)
- 1997 – National Bankruptcy Review Commission Report Completed

2001- Present: The New Millennium

- 2005 – Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCA) (Amends Bankruptcy Code)
- 2007 – Amendments to the Federal Rules of Bankruptcy Procedure