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Tag Archives: new

New Bankruptcy Laws

New Bankruptcy Law

The passage of 2005’s Bankruptcy Abuse Prevention and Consumer Protection Act (AKA “BAPCPA”)…is what’s commonly called the “new bankruptcy law,” even though it was more a collection of laws.
BAPCPA brought sweeping changes to who could file for bankruptcy.
Primarily, it introduced a complicated “means test” that now disallows many high income debtors to file for Chapter [...]

Obama and Biden Bankruptcy Law Reform

There is a decent blurb here about Obama and Biden and the new 2005 Bankruptcy laws (BAPCPA) that were enacted…
http://campaignstops.blogs.nytimes.com/2008/
The apparently guest writer for the New York Times thinks that the Democrats should have covered this during the debate.
Anyone see the debate last Thursday?
Didn’t Biden support the Bankruptcy bill when it was passed in 2005?

Filing For Bankruptcy In New Hampshire

Another state where bankruptcy filings have increased:
http://www.unionleader.com/article.aspx?headline=Personal+bankruptcy
New Hampshire!
What’s the total now?
The total number of states that have reported double digit increases in the number of people filing for bankruptcy protection in 2008.
It’s got to be at least 1/2?
Maybe more?