Bankruptcy Articles

• Bankruptcy No Longer Offers A New Beginning Families showing the ability to pay off debt over the long term will no longer qualify for Chapter 7 bankruptcy under the new bankruptcy laws.
• Retirement Plans Offered Protection Under New Bankruptcy Laws If you are planning to file for bankruptcy, your retirement assets will be offered some amount of protection.
• New Bankruptcy Laws Scare Off Entrepreneurs Entrepreneurship will likely decrease with the new bankruptcy laws, and those already in business will be forced to take less risk.
• Bankruptcy The statistics can be very depressing. Personal savings rates are at some of their lowest points in history. At the same time, consumers are carrying an ever increasing load of personal debt. Most people have only enough cash in the bank to see them through a couple of weeks at the most. Many people have even less than that and some people may have no emergency cash available.