You may have heard that there are new bankruptcy laws. These new bankruptcy laws went into effect in April 2005 and may make it harder for some people to file bankruptcy. Specifically, the new law makes it harder for high income earners to file Chapter 7 unless they meet certain criteria. If specific criteria are [...]
Our Free Article Library: Recent Bankruptcy Changes
Will The New Bankruptcy Laws Stop Me From Filing?
Tuesday, August 11th, 2009The new bankruptcy law changes, which went into effect in 2005, made changes to the existing rules. The new bankruptcy laws should not stop you from filing for bankruptcy, provided certain conditions are met. These bankruptcy law changes have made the process more complicated, and less likely to be abused. However, your right to file [...]
