...like the other great substantive powers of Congress, is subject to the Fifth Amendment. P. 589. 2. Under the bankruptcy power, Congress may discharge...property acquired by the creditor prior to the Act. P. 589. 3. The Fifth Amendment commands that, however great the Nation's need, private property shall...

...under the Frazier-Lemke Act and the amendments thereto, the Supreme Court held that Congress could not take for the benefit of the debtor rights in specific...property acquired by the creditor prior to the Act. The Court pointed 46. 11 USC §203 (1970). 47. Act of June 28, 1934, ch. 869, 48 Stat. 1289. For a...