A Quick Guide To Bankruptcy Procedures by Student loan limits

Sat, 04 Jul 2009 06:00:03 +0300

A Quick Guide To Bankruptcy Procedures

by Student loan limits @ Sat, 04 Jul 2009 06:00:03 +0300
by Chris A Smith There are two different bankruptcy procedures for individuals. These proceedings are known as Chapter 7 and Chapter 13. While you may be familiar with the term Chapter 11 from the news, that chapter applies to business owners only. In October 2005 Congress changed the bankruptcy laws making it much more difficult to simply walk away from personal . The new law essentially says pay back the debt through a court approved payment plan and you can keep your house and some