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Bankruptcy: Deciding Whether to File

The New Bankruptcy

Will It Work for You?

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The New Bankruptcy: Will It Work for You?

Pub. Date: May 2007
Edition: 2nd
Pages: 368 pp
ISBN: 9781413306330
Forms: 22 forms
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Summary & Reviews Forms Table of Contents Sample Chapter Updates

Updates

Here are summaries of important legal or procedural changes that affect the latest edition of this product. If you want to check on the accuracy of any other information in the book, please follow the legal research instructions in the book or in Nolo's research manual, Legal Research: How to Find and Understand the Law.

Median Family Income Amounts Have Changed

Effective date: Mar. 18, 2008


On March 17, 2008, the Census Bureau released new median family income figures for each state. If you're filing for bankruptcy, these are the numbers you must compare to your average income in the six months before you file to determine whether you have to take the means test and how long your repayment plan will have to last if you use Chapter 13 bankruptcy, among other things.

You can find the new numbers here, on the website of the United States Trustee program (at http://www.usdoj.gov/ust).

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Fillable Bankruptcy Forms Now Available Online

Effective date: Feb. 1, 2008


The official bankruptcy forms are now available online in fillable form. This means you can complete the forms on your computer even if you don't have software that allows you to edit PDF forms.

You can find the free forms in the bankruptcy section of the U.S. Courts website, at www.uscourts.gov.

You can't save your work in these forms, however. One way around this problem is to use the Foxit PDF reader, which you can download free from www.foxitsoftware.com.

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