http://www.oyez.org/cases/1792-1850/1827/ U.S. Supreme Court Decisions, presented by The Oyez Project (www.oyez.org) en-us <p>Does a state bankruptcy law applying to contracts made after the law's passage violate the Obligation of Contracts Clause of the Constitution?</p><p>No. This is not a violation of the Contracts Clause. The state law remainscontrolling. The obligation of a contract made after the enactment of a bankruptcy statute is subject to the bankruptcy statute provisions. In effect, the bankruptcy statute becomes part of all subsequent contracts, limiting their obligation but not impairing them.</p> http://www.oyez.org/cases/1792-1850/1827/1827_0/