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by tiffytiff on April 19th, 2006

tiffytiff

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What are the new bankruptcy laws? If I am in a lot of debt, can I still declare bankruptcy? How much will it cost me?

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  • by Doug Glenn on May 25th, 2006

    Doug Glenn

    Yes, you can still declare bankruptcy. The new laws (that became law in October, 2005) make it more difficult to file Chapter 7 bankruptcy, but it is still possible. Full information on Chapter 7 bankruptcy and Chapter 13 bankruptcy (which is now more common under the new laws) can be found on the Bankruptcy-America.com site at www.bankruptcy-america.com

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