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New Bankruptcy Laws

Is Credit Counseling Mandatory When I File For Bankruptcy?

According to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, bankruptcy credit counseling is mandatory for people wanting to fi...

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Bankruptcy: Sole Proprietorship Vs. Partnership

Bankruptcy laws apply differently depending on whether a business is a sole proprietorship or a partnership. Sole proprietorships must file personal...

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Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) made many substantial changes to bankruptcy law and procedures. The net e...

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Bankruptcy Law

The Bankruptcy Code, enacted in 1978 as title 11 of the United States Code, provides a uniform federal law to govern all bankruptcy cases. The proce...

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2005 Changes to the Bankruptcy Law

In 2005, Congress passed a massive overhaul to the bankruptcy system. The law, called the Bankruptcy Abuse Prevention and Consumer Protection Act (BAP...

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A Bankruptcy Conundrum

Doesn’t it seem ironic that with the passing of the new bankruptcy law, it’s now even more expensive to file bankruptcy? The fact of the matter ...

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