Thursday, November 03, 2005

Bankruptcy Court flooded (Bankruptcy News)


Bankruptcy Court flooded
Arkansas Democrat-Gazette (subscription), AR - Oct 12, 2005 income. Come Monday, Chapter 7 bankruptcy, where unsecured debts can be wiped out, will not be an option for most higherincome filers.

Bankruptcy filers rush to beat deadline
USA Today - Oct 13, 2005 Consumers across the country are racing to file for Chapter 7 bankruptcy before Monday, when a law that places new restrictions on bankruptcy filings takes

Bankruptcy just got tougher
Inside Collin County Business, TX - Oct 25, 2005 Under the old bankruptcy law, the personal property debtors were allowed to keep in Chapter 7 bankruptcy was determined by the laws of the state where they

NM bankruptcy filers swamp courts to beat law overhaul
New Mexico Business Weekly, NM - Nov 1, 2005 More stringent documentation of one's financial status will be required before a debtor will qualify for Chapter 7 bankruptcy, which cancels debts through a