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.
Whoops -- Pardon Our Math Error
Effective date:
Jun. 1, 2008
The 9th edition of Chapter 13 Bankruptcy includes a math mistake. In Chapter 8, which covers Chapter 13 repayment plans, we explain that paying bills through your repayment plan can be more expensive because the trustee takes a percentage of each payment to cover administrative expenses. But we made it sound quite a bit more expensive than it is: The example on page 150 says paying an extra $200 a month for administrative expenses over a five-year plan would add up to $120,000. Yes, that's one too many zeroes: The true cost would be $12,000. We apologize for any confusion this might have caused.
Back to Top
|
