Posted January 18th, 2010 by BankruptcyLawyer
During the Bush administration, several laws were passed to make it more difficult for consumers to file Chapter 7 bankruptcy. Mostly the result of heavy lobbying by the banking industry and credit card companies, the changes in the laws resulted in a drastic drop in filings. The new law is referred to as the Bankruptcy [...]
Posted January 18th, 2010 by BankruptcyLawyer
When a consumer files for bankruptcy, they are said to have ‘discharged’ their debt. This simply means that any debts, or owed money, are erased from their record. Their credit is cleared and they no longer owe monies to their debtors. While this simple explanation of the term ‘discharge’ is easy to understand, the actual [...]
Posted October 1st, 2009 by BankruptcyLawyer
The five leading myths and misconceptions about bankruptcy.
Posted October 1st, 2009 by BankruptcyLawyer
A clear and concise overview of the various forms of consumer bankruptcy.
Posted October 1st, 2009 by BankruptcyLawyer
A thorough Bankruptcy FAQ. Most general questions can be answered here.
