Category Archives: Bankruptcy Law Changes
Bankruptcy Law Changes-What it Means to You
In 2005 president George W. Bush worked with Congress to pass the Bankruptcy Abuse Prevention and Consumer Act of 2005 known as the BAPCPA. There are three main areas to the law that were put in place which directly changed and affected the way bankruptcy is handled from that point forward. In the past you … Continue reading
Credit Counseling for Bankruptcy-What to Expect
Credit Counseling for Bankruptcy like it or not is here to stay. It is now part of the new chapter 13 bankruptcy rules as well as chapter 7 for anyone who files.. You must go through a certified credit counseling program in order to be approved for bankruptcy. In most cases the class isn’t going … Continue reading
Looking for Bankruptcy Advice? Some Law Changes You Should Know
The best bankruptcy advice comes in the form of being aware of recent law changes. In between the years of 1994 to 2004 the rates of those filing for bankruptcy started to soar due to the fact that credit had became extremely easy to qualify for. The rates of those filing for bankruptcy started to cause many … Continue reading
