Visit the Bankruptcy Action website for an explaination of the new bankruptcy reform and a guide to determine what is needed to qualify for a chapter 7 or 13. http://www.bankruptcyaction.com Please visit Bankruptcy Action Com for information concerning the new state and federal bankruptcy laws. http://www.bankruptcyaction.com
There are some new laws that deal with bankruptcy that were passed in 2005. The change the way that one has to go about declaring bankruptcy and how it should be solved.
All new federal and applicable state bankruptcy laws can be found at http://www.bankruptcyaction.com
For information concering new bankruptcy reform that became law on Oct.17,2005 please visit Bankruptcy Action at http://www.bankruptcyaction.com
The signature by an attorney on the bankruptcy petition is a certification that he or she has no knowledge, after a diligent inquiry, that the information on the schedules is incorrect.
Bankruptcy laws are federal so there is probably no difference in bankruptcy laws between Florida and California.
With new bankruptcy laws that is no longer possible. If the person files for bankruptcy and includes the vehicle they will have to pay the entire amount of the loan.
The federal bankruptcy laws changed in October of 2005. I don't think there have been any changes since then.
There are General Federal Laws that govern Bankruptcy. Each state may have additional laws regarding bankruptcy. So Is Best to consult an attorney or financial adviser in your state.
Does corporate bankruptcy affect personal credit?
In the USA the bankruptcy law is regulated by the Federal governs.
No. No state has ever filed for bankruptcy. States are not coverd by current U.S. bankruptcy laws.
No, the only mention of bankruptcy is that Congress shall have the power to enforce uniform bankruptcy laws.
The Arizona bankruptcy laws are too long and complex to include in this answer. One can find the complete information at the website for the US Courts Arizona District or at the site called Arizona Bankruptcy Law.
One can research business bankruptcy laws at sites like NYU and Georgetown University libraries that are online. They have a whole array of laws and cases to research.
Bankruptcy laws are complex. You will need to get correct answers from a competent attorney.
Chapter 11 bankruptcy is actually a chapter in the United States Bankruptcy Code, it permits reorganization under the Bankruptcy laws of the United States.
No, bankruptcy laws are getting more strict to stop people from abusing it.
Bankruptcy laws vary from country to country, state to state and province to province. In America the US Courts have details on bankruptcy law on their website under information regarding Federal Courts.
There are a number of websites that cover chapter 13 bankruptcy laws. Some websites that you may want to visit include the US Courts, Total Bankruptcy and the court website of your state.
One can find a bankruptcy lawyer in New York via a number of legal websites. One can find listings on 'New York Bankruptcy Law', 'FindLaw' and 'New York Bankruptcy Help'.
On October 17, 2005, new bankruptcy laws went into effect as a result of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. The old rules allowed most filers to choose between Chapter 7 or Chapter 13, and most chose Chapter 7 because it allowed for the complete elimination of debts without repayment . The new law prohibits filers with higher incomes from filing under Chapter 7.
Some of the new changes in the new bankruptcy laws are that you have to be in over 20 thousand dollars in dept and must prove that you can not afford to pay for all of the bills that you are trying to bankrupt on. Once one goes bankrupt they can not do it again for at least 7 to 10 years and they will not be able to raise there credit fast. It will be very difficult to get any kind of credit.
The federal government and the state