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bankruptcy reform
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Our
Top Featured Story:
Thanks to the new bankruptcy reform laws, many Americans who are
overburdened by their credit card debt will no longer qualify
for Chapter 7 bankruptcy protection. However, consumers need to
know that an alternative exists for people to walk away from
100% of that debt, without bankruptcy, consolidation, or
refinancing. The program is applicable to all major credit
cards, unsecured lines-of-credit, and signature loans.
The process that is used to discharge debt is based off of U.S.
Supreme Courts decisions, Title 15 United State Code (USC)
section 1692, the Fair Debt Collections Practices Act, section
1601, the Fair Credit Billing Act, the Uniform Commercial Code
(UCC), section 203, and numerous Banking Click here to read more from this article
... Lastest
"bankruptcy reform" News:
Bankruptcy laws reform proposed The Republic of Ireland's justice minister publishes proposals aimed at reforming the country's tough bankruptcy laws. Wed, 25 Jan 2012 06:51:43 -0800
Bankruptcy to be cut to three years under plans A three-year bankruptcy term looks set to be the centrepiece of the Government’s long-awaited reform of debt laws. Mon, 23 Jan 2012 18:27:58 -0800
Mayor: Providence is facing bankruptcy At a dramatic news conference, Taveras said the city is near the breaking point and demanded sacrifices from Providence's retirees and tax-exempt institutions. Thu, 02 Feb 2012 06:40:52 -0800
Govt unveils new bankruptcy regime laws A new set of laws designed to reform Ireland's "arcane" bankruptcy laws and assist householders struggling with mortgage debt. Wed, 25 Jan 2012 05:01:15 -0800
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Other
Related Articles:
There are many credit card issuers out there promoting what some
people refer to as "bankruptcy credit cards" - that is, credit
cards for people who have a bankruptcy on their credit report.
Of course, these credit card issuers target individuals with
poor credit in general, not just those with bankruptcies - but
for the purpose of this article, we will use the term
"bankruptcy credit card".
Most of the bankruptcy credit cards you see advertised are
secured credit cards. If you are not familiar with a secured
credit card, it's "secured" by a special savings account you
establish with the issuing bank which acts as collateral for the
line of Click here to read more from this article
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