We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is the American Bankruptcy Institute?

By Matt Brady
Updated Feb 19, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

The American Bankruptcy Institute is a non-profit organization that conducts research and provides resources regarding bankruptcy, or insolvency. The institute was founded in 1982, with the mission of providing the U.S. public and Congress with neutral information and research on bankruptcy. The American Bankruptcy Institute runs a multi-pronged operation: publishing various newsletters, compiling statistics, holding informational events, and providing a wealth of information to businesses, individuals, and lawmakers. The institute also runs a website, which aside from providing access to all the organization's data and resources, is also regularly updated with bankruptcy news.

A business or individual undergoing, or even just considering, bankruptcy might find useful information and resources through the American Bankruptcy Institute. Through the organization's Consumer Bankruptcy Center, individuals in financial trouble can brush up on current bankruptcy laws, get advice on whether and how they should file for bankruptcy, and receive assistance in searching for a certified attorney. Professionals whose work regards consumer bankruptcy are also provided with considerable data by the American Bankruptcy Institute.

The American Bankruptcy Institute allows individuals and businesses to enroll in membership programs. After joining, members are able to access special tiers of information. In particular, membership provides access to three levels of information: Business Development, News and Information, and Education. It is not free to become a member. Members can also enroll in special programs such as distance learning workshops.

The organization has multiple publications. The American Bankruptcy Institute's flagship publication is the ABI Journal, with content provided by institute members. The ABI Law Review addresses legal matters regarding bankruptcy. The West Bankruptcy Newsletter is another publication that addresses insolvency. The institute also has a bookstore, from which people can buy educational materials in various formats.

Numerous events are held throughout the year by the American Bankruptcy Institute to address bankruptcy from different angles. Some events are intended for consumers and businesses facing bankruptcy, others are intended for lawmakers and professionals interested in learning more about the issue. Conferences, workshops, and programs are held regularly throughout the U.S. and sometimes in other countries.

The institute draws a lot of strength from members who help conduct analysis and plan events. There are 19 member committees that together attempt to cover all bases of bankruptcy news and education. The various committees focus on such topics as bankruptcy litigation, commercial fraud, financial advisers, and investment banking. There is no fee required for joining a committee.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.