The bankruptcy code provides significant protection to churches as well as to church members who file for bankruptcy.

In addition, the bankruptcy code bars bankruptcy courts from rejecting a bankruptcy plan because it allows the debtor to continue making contributions to a church or charity.

The interest in the property must be exempted under the bankruptcy code or has to be abandoned by the bankruptcy estate in order for 722 redemption to be used.

Improving the efficiency of judicial systems, rewriting bankruptcy codes, restructuring financial market regulations, and similar reforms will involve much more difficult choices by policymakers.

This has led some commentators to refer to the bankruptcy codes current monthly income as presumed income.