By Glenn A. Brown, DMD, MBA on December 2, 2008
If you’re wondering whether or not the new bankruptcy law will prevent you from filing for relief, you should take a look at this video from NACBA.
Posted in Bankruptcy | Tagged abuse prevention and consumer protection act of 2005, Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 bankruptcy
By Glenn A. Brown, DMD, MBA on November 10, 2008
If you are looking to wipe out all of your debt and have a fresh start, Chapter 7 may be the best option for you. Of all the types of bankruptcies Chapter 7 is the most all-encompassing, because it covers not only individuals, but also corporations, partnerships and sole proprietorships. It is also the most [...]
Posted in Bankruptcy | Tagged 341 meeting of creditors, Chapter 7 bankruptcy, delaware bankruptcy lawyer, fresh start, liquidation, philadelphia bankruptcy attorney, real world law, types of bankruptcies, unsecured debt
By Glenn A. Brown, DMD, MBA on November 10, 2008
In late 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was enacted into law. Among other things, this act requires a “means test” to see if debtors qualify for Chapter 7 bankruptcy relief. The means test examines your monthly income and expenses and compares them to the median income in and around [...]
Posted in Bankruptcy | Tagged abuse prevention and consumer protection act of 2005, bankruptcy protection, bankruptcy relief, BAPCPA, chapter 13, Chapter 7 bankruptcy, debtors, means test, median income
By Glenn A. Brown, DMD, MBA on March 18, 2008
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires:
(a) A debt relief agency shall…
(1) not later than 5 business days after the first date on which such agency provides any bankruptcy assistance services to an assisted person, but prior to such assisted person’s petition under this title being filed, execute a written contract [...]
Posted in Bankruptcy | Tagged BAPCPA, chapter 11, chapter 13, Chapter 7 bankruptcy, Debt Relief