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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.

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12y ago

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Related Questions

What are the rules for bankruptcy in Canada?

For the rules for bankruptcy in Canada you can check Wikipedia or Bankruptcy Canada. It is also a good idea to check with a debt solutions company or your accountant.


What has the author Joseph Patchan written?

Joseph Patchan has written: 'Federal rules of bankruptcy' -- subject(s): Bankruptcy, Court rules


Can you report someone committing fraud in regards to bankruptcy?

No. This is clearly stated in the bankruptcy rules.


What happens when a judgment is against us while in the process of claiming bankruptcy?

If you are filing bankruptcy, you should have a bankruptcy lawyer onboard, and this is a question for him or her to deal with. You do not want to go through a bankruptcy on your own, especially as the bankruptcy rules have changed.


Who sets up the rules of naturalization and bankruptcy?

The federal government.


Will a bank hire you if you have a bankruptcy on your record?

no they will not Yes. Each bank has its own rules but most will, unless of course they were listed on the bankruptcy


If you incur a debt after you file a bankruptcy can you claim it on the next petition?

Under the new bankruptcy rules, this would be hard to impossible to do.


What are the service rules for federal bankruptcy in the rules and the code?

It depends on the type of proceeding. Need more information.


What is the so called reference rule?

Several rules in the bankruptcy court


What is the so-called reference rule?

Several rules in the bankruptcy court


What are the rules of mortgage bankruptcy in the US?

There are many laws surrounding mortgage bankruptcy in the US. Chapter 7 and 13 highlight these rules, when someone discharges from all their debt, or sets up a repayment plan.


Which bankruptcy chapter was most affected by the change in bankruptcy laws in 2005?

The most significant change to the 1978 statute concerns consumer bankruptcy under the Chapter 7 liquidation provisions.

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