You are in: Home >

Articles, tagged with "median income", page 1

Bankruptcy Law

The 2005 Bankruptcy Law Explained

03rd November 2010
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
Bankruptcy Law

New Bankruptcy Laws - What Should Be Done To Avoid Bankruptcy

13th October 2010
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
Bankruptcy Law

Bankruptcy Law: Key Features

04th May 2010
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

The Chapter 7 Bankruptcy Means Test

21st January 2009
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