American Bankruptcy Institute - ABI


DEFINITION of 'American Bankruptcy Institute - ABI'

A non-partisan research organization that educates its members, Congress and the public on bankruptcy issues. Founded in 1982 and based in Alexandria, Virginia, American Bankruptcy Institute members include more than 12,000 attorneys, accountants, lenders, judges, bankers and other bankruptcy professionals. ABI also provides grants to scholars researching insolvency issues and offers consumer education through its online Consumer Bankruptcy Center.

BREAKING DOWN 'American Bankruptcy Institute - ABI'

ABI primarily provides education through analyzing proposed legislation, publishing books, maintaining an informational website, providing information to journalists, publishing its ABI Journal 10 times a year and its ABI Law Review twice a year, and holding national and regional conferences that provide continuing education to bankruptcy professionals. ABI does not lobby Congress.

  1. Gerard J. Arpey

    Became the chairman of AMR Corp. and American Airlines in 20 ...
  2. Chapter 15

    A chapter under the U.S. Bankruptcy Code, added to foster a cooperative ...
  3. Bankruptcy Risk

    The possibility that a company will be unable to meet its debt ...
  4. Insolvency

    When an individual or organization can no longer meet its financial ...
  5. Chapter 13

    A U.S. bankruptcy proceeding in which the debtor undertakes a ...
  6. Bankruptcy

    A legal proceeding involving a person or business that is unable ...
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