December 11, 2009
A Summary of Bankruptcy Law
Dear Mr. Hayes,
This is Eileen Keusseyan. I appeared before you for a mediation in an adversarial proceeding. I found out about your publication during my appearance.
Well, I have read "A Summary of Bankruptcy Law" and I now use it almost on a daily basis as a summary guide. Thank you for putting so much information together in such a concise and resourceful publication.
Sincerely, Eileen Keusseyan
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With little income which is on the verge of disappearing can I file directly for a Chapter 7 or do I need to file Chapter 13 first and complete the means test?
Posted by: Jason H. | Feb 1, 2010 5:07:01 PM
Today, only less than 4 years after the passage of the new rules of the 2005 BAPCPA law that toughened the system for bankruptcy filing and made it far more costly (it more than doubled the legal fees charged by attorneys for bankruptcy filing) for debtors to file for bankruptcy, we find that American debtors, once again, are fast returning to the same rate of bankruptcy filing as the pre-2005 levels
Posted by: kansas bankruptcy lawyer | Dec 27, 2010 9:02:01 PM
Even though the cost and difficulty of filing bankruptcy went up after that law was passed there has been a steady rise in the number of rising in recent years. Now it's about on par with 2004. Obviously at the end of that year there's a spike because people wanted to get their Chapter 7 cases filed before the new system reduced their chances.
Posted by: Spencer Hale | Sep 22, 2011 4:21:19 PM
Thanks! Great post you have written on "A Summary of Bankruptcy Law". Really I can say that your post is very informative, I'll come across your blog again when you will update it with new.
Posted by: stuart | Oct 7, 2011 6:11:06 AM