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Bankruptcy laws are being tightened up. Although overall bankruptcy reform is still tied up in Congress. The honest consumer who has fallen on hardtimes for whatever reason will not have a problem getting a bankruptcy discharge. The majority of filings are simple and done in a timely manner. Those that are dismissed are due to the result of use of fraudulent information, faults in documentation, etc. Sometimes the trustee will decide the debtor has the ability to repay at least a portion of the debt and will deny a Chapt. 7 filing in lieu of a 13. Any dismissal by a trustee can be appealed.

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Q: How often do bankruptcy attempts fail and why?
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