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BANKRUPTCY
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The New Bankruptcy Law

The new bankruptcy law brings some unwelcome changes for those who are considering bankruptcy. Some filers with higher incomes won't be allowed to use Chapter 7, but will instead have to repay some of their debt under Chapter 13. All debtors will have to get credit counseling before they can file a bankruptcy case. And, because the law imposes new requirements on lawyers, it may be tougher to find a bankruptcy attorney.

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The New Bankruptcy Law
Here are some of the major changes you should know about.

Bankruptcy FAQ
Answers to common questions about bankruptcy.

How Bankruptcy Stops Your Creditors: The Automatic Stay
After you file for bankruptcy, the automatic stay offers potent legal protection against bill collectors.

Decide If Bankruptcy Is Right for You

  1. Learn about it.
  2. Consider simpler alternatives.
  3. Make sure you are you eligible.
  4. Learn which debts won't be cancelled.
  5. Consider what will happen to your home.
  6. Will you lose your car or other property?
  7. Will your credit cards be paid off?
  8. Is your pension, IRA, or 401(k) safe?
  9. Will cosigners be stuck with your debt?
  10. Consider your personal life.

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Find a Bankruptcy Lawyer - Chapter 13, Chapter 7, New Bankruptcy
Nolo's Online Will: From $39.99
The New Bankruptcy
The New Bankruptcy: Will It Work for You?
Book / $18.69
eBook / $16.49

Chapter 13 Bankruptcy
Chapter 13 Bankruptcy: Repay Your Debts
eBook / $24.99

File for Chapter 7 Bankruptcy
How to File for Chapter 7 Bankruptcy
Book / $19.99
eBook / $17.99

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