Blog sponsored by Bankrupt-Law.com
Run-up period, new law brought filings to trickle, but they're rising now
By MICHAEL E. KANELL
Published on: 03/19/06
A new bankruptcy law has made filing for financial relief more costly and
challenging, but it has apparently not stemmed the tide of Americans who are
deep in debt and looking for legal help.
The controversial new rules were supported by banks and credit card
companies, which argued the changes would chill unnecessary filings and make
it ... more »
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Monday, March 20
Bankruptcy tide rolls on
by
BK Blogger
on Mon 20 Mar 2006 02:59 PM PST
Saturday, March 18
If You're Really Broke You Can't Go Bankrupt
by
BK Blogger
on Sat 18 Mar 2006 07:11 PM PST
Blog sponsored by Bankrupt-Law.com
By Elizabeth Warren During the bankruptcy wars, advocates for the amendments promised that it wouldn't hurt any families with incomes below the state median. But Senator Grassley and Senator Sessions are going back on those promises, quietly trying to pressure the committee that writes the bankruptcy forms to make families jump through needless-and dangerous- hoops. The new law has many problems, but the one provision that was supposed to preserve some fairness said that anyone with ... more »
Opening the Door on the Credit Report and Throwing Away the Lock
by
BK Blogger
on Sat 18 Mar 2006 07:30 AM PST
By DAMON DARLIN
In a dozen states, legislatures have set up procedures for residents afraid of identity theft to lock and unlock their credit reports. But credit-reporting agencies are pushing Congress to override the state laws, which could make it harder for Americans to keep their credit information under wraps. Lobbyists for the big agencies - Equifax, Experian and TransUnion, owned by the Marmon Group - are seeking to add an amendment to the Financial Data Protection Act, a bill ... more » Friday, March 17
Bankruptcy law is making for more deliberate filing
by
BK Blogger
on Fri 17 Mar 2006 06:28 AM PST
Blog sponsored by Bankrupt-Law.com
By TOM SHEAN, The Virginian-Pilot © March 17, 2006 Last updated: 9:22 PM For more than a decade, Barbara Wright provided guidance to individuals with financial problems. Last fall, her role expanded after Congress sought help from credit-counseling organizations like hers to curb the use of bankruptcy for wiping out personal debts. Sxince Oct. 17, individuals planning to file for bankruptcy have had to receive counseling from specialists like Wright, who review debtors' situations and explain ... more » |
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