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The New Bankruptcy: Will It Work for You?
written by Stephen Elias, Robin Leonard
Studio : NOLO
by NOLO
Publisher : NOLO
Released : 2005-12-19
Availability : Usually ships in 1-2 business days
Number of Items : 1
EAN : 9781413304398
Avg. Customer Rating: (based on 7 reviews)
List Price : $21.99
Our Price : $14.00
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Product Description |
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Everything you need to know about filing for bankruptcy under the new laws. Bankruptcy law recently experienced a profound change that makes it harder to eliminate overwhelming debt. Yet many of the reasons for filing for bankruptcy (such as divorce, medical bills or job loss) remain. Fortunately, there's help. The New Bankruptcy can help you choose the best strategy to get back on your feet. Filled with clear-cut answers and practical suggestions, it covers all the issues you face, including: *qualifying for Chapter 7 bankruptcy *how Chapter 13 repayment plans work *which debts are wiped out *how bankruptcy affects homeowners *keeping cars and other property *how bankruptcy affects credit *alternative ways to handle debt problems *paperwork requirements *and much more The New Bankruptcy also provides worksheets to help you determine whether you can file for bankruptcy under the new law. It also includes checklists, sample forms and easy-to-use legal charts for all 50 states. |
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Good Book For Chapter 7 |
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If you are looking for a good introduction to Chapter 7 for individuals, this is a good book. For information about Business Reorganizations, I recommend Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers |
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This is a Book that an 81-Year-Old Illinois Man Should Have Written |
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I posted an online article recently at Hopeless Utopian about an Illinois man, 81, who has filed for bankruptcy 8 times, most recently in June 2008. This is a guy who has seen both the new and the old, and the older and the even older bankruptcy reform and has had to deal with it all. If I knew the guy's address, I'd send him Stephen Elias' book so he'd be better prepared when he files for the 9th time, if he lives long enough to refile. (Isn't there a minimum number of years you must wait between filings?) In any case, this is the book I'd recommend to him. |
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A reference certain to receive repeat consultation. |
Bankruptcy is usually the last resort for most people covered in the deep, restricting sludge of debt. "The New Bankruptcy: Will It Work for You?" is a guide to help those in financial turmoil to decide if the revised bankruptcy laws make declaring bankruptcy the answer for all of their money woes. Promoting clear cut answers and strategies to determining this, it offers all the information on qualifying for Chapter 7 bankruptcy, which debts are wiped in this regard, if you can keep your major property like your home and car, among other information - it even offers alternatives to clawing your way out of debt without the drastic use of bankruptcy. "The New Bankruptcy: Will It Work for You?" is highly recommended to those in need of its advice everywhere, and should be on every community library shelf on personal finance.
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Might Be Just The Right Book For You. |
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If you are considering personal bankruptcy, will satisfy the new means test or have a steady w-2 income you may want to file bankruptcy under Chapters 7 or 13. If you are considering one of the chapters, this is a great book for you. For businesses or individuals with more substantial assets or income, the appropriate Chapter would be Chapter 11. The book that I like on that subject is Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers |
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nolo press is always a reliable source |
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As always Nolo Press does not fail to give up to date, easy to comprehend legal info.I have been purchasing Nolo products for years and was not surprised to be pleased with this latest offering.If you are needing Bankruptcy info.whether you are considering filing yourself or are a Bankruptcy Preparer as I am, this is a very helpful guide to the new rules-which by the way,are not as oppresive as some think.This book helps clarify the new means testing which is the thrust of new guidelines. |
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