understanding bankruptcy laws

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understanding bankruptcy laws Articles

Credit Repair, Bankruptcy & Bad Credit Loans

Credit Unions Can Keep You From Bankruptcy

Debtors Prison, a Brief History of Bankruptcy

Deciding Whether or Not to Declare Bankruptcy

Defining Bankruptcy

Discharge in Bankruptcy

Discharged Bankruptcy? These Steps Could Help

Don't Let The New Bankruptcy Law Scare You

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bankruptcy information how to file bankruptcy

Congress recently passed the most sweeping bankruptcy legislation in more than twenty five years. The Bankruptcy Abuse prevention and Consumer Protection Act was written to make it harder for most personal bankruptcy filers to have their debt swept away through a Chapter 7 filing. The new law will require that potential bankruptcy filers pass a "means test" and most will not qualify for the Chapter 7 filing. Instead, they will have to file under Chapter 13, which requires a court-defined repayment schedule of up to five years. This legislation, considered by its detractors to be a "wet, sloppy kiss" to the credit card companies, has many people justifiably concerned
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