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Bankruptcy Law
The law in bankruptcy changed in 2005, which made it harder for people to file for bankruptcy. Furthermore, filers with high incomes may no longer be allowed to make use of the Chapter 7 bankruptcy. Filers will now have to pay their debts as per the claus...
Author: Jay King
The 2005 Bankruptcy Law Explained
03rd November 2010The law in bankruptcy changed in 2005, which made it harder for people to file for bankruptcy. Furthermore, filers with high incomes may no longer be allowed to make use of the Chapter 7 bankruptcy. Filers will now have to pay their debts as per the claus...
Author: Jay King
Bankruptcy Law
If you have considered filing for bankruptcy, the new bankruptcy law will affect how your debts are handled. The law is mostly negative for consumers as they will have to repay most of their debts even with bankruptcy. As a result, most consumers opt for ...
Author: RamiAbramov
New Bankruptcy Laws - What Should Be Done To Avoid Bankruptcy
13th October 2010If you have considered filing for bankruptcy, the new bankruptcy law will affect how your debts are handled. The law is mostly negative for consumers as they will have to repay most of their debts even with bankruptcy. As a result, most consumers opt for ...
Author: RamiAbramov
Bankruptcy Law
Sometimes back people use to file bankruptcy almost as easily as the drop of a hat, only because they wanted to do so. In most of the cases, people did not even require a real financial reason to do so but it was all possible because of some lacks in the ...
Author: BrianJoneta
Bankruptcy Law: Key Features
04th May 2010Sometimes back people use to file bankruptcy almost as easily as the drop of a hat, only because they wanted to do so. In most of the cases, people did not even require a real financial reason to do so but it was all possible because of some lacks in the ...
Author: BrianJoneta
Legal
When you file a Chapter 7 bankruptcy petition, the means test is applied to make sure that you really need to file bankruptcy and that you aren't "abusing" the system. That might sound confusing, but it's in most cases a simple test, and the majority of d...
Author: David Romito
The Chapter 7 Bankruptcy Means Test
21st January 2009When you file a Chapter 7 bankruptcy petition, the means test is applied to make sure that you really need to file bankruptcy and that you aren't "abusing" the system. That might sound confusing, but it's in most cases a simple test, and the majority of d...
Author: David Romito