Articles By Our Professional Counselors
 Predicting Your Financial Future
Credit Wise
 Bankruptcy Breakdown
Credit Counseling Agencies: Are they really putting you in the drivers seat or are they taking you for a ride?
Do It Yourself Credit Repair
How Much Does A Free T-Shirt Really Cost?
Credit: It's Your Choice Easy Street or the Hard Road
Pump Up Your Paydays
Financially Surviving Divorce
Raising Financial Whiz Kids
|
|
 Feature Article
Article: Bankruptcy Breakdown
by Jennifer Delcamp
If you hear the distant rumble of pounding feet, it may be hordes of people rushing to file bankruptcy before the law changes. The new law may make it more difficult to file certain types of bankruptcy. Changes in the bankruptcy laws have been proposed for years. Every time they seemed close to passing, the discussion was tabled and nothing ever happened. Well, as of April 2005, the law has been signed and will go into effect in October 2005. I am not a lawyer and I am not going to express my personal feelings about the controversial changes so I will just give a broad overview of what changes the new law will bring, especially where credit counseling is concerned...
 read more
 Click here to view entire law (513 pages)
|
