New Bankruptcy Law Effective Oct. 17
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, a major reform of the bankruptcy system, was passed by Congress and signed into law by President Bush in April 2005. Changes instituted by this new law took effect on October 17, 2005. Learn how key changes in the law may impact your financial situation if you are filing bankruptcy after October 17, 2005:
- Understanding the New Bankruptcy Law (FindLaw for the Public)
That law is very helpful on the part of the consumers. They will be protected against the bankruptcy. Actually, bankruptcy is inevitable. But, it can be prevented. If the rules and regulations will just be properly implemented and a plan is set on the very first place, then, a great chance to avoidance of bankruptcy is possible.
Posted by: st. george ut lawyers | May 17, 2011 at 09:15 PM
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Posted by: David hogard | October 28, 2009 at 03:13 AM
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Posted by: Jonathan Paul | October 13, 2009 at 12:02 AM