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Bankruptcy Law, Personal Credit & Loans
The New Bankruptcy: Will It Work for You? by Stephen Elias β€” book cover

The New Bankruptcy: Will It Work for You?

by Stephen Elias
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Overview

The most up-to-date book available for people considering filing for Chapter 7 or Chapter 13 Bankruptcy under the major new reforms.Features
Everything readers need to know about filing for bankruptcy under the new laws. The 1st edition reflects the latest bankruptcy rules, including changes in your state's exemption laws that let you protect your property.Written in plain English, Bankruptcy examines the pros and cons of filing for bankruptcy, discusses its possible repercussions, outlines the differences among various kinds of bankruptcy-Chapters 7, 11, 12 and 13 -- and proposes several alternatives to filing. Includes sample, completed bankruptcy forms.With these compassionate answers in hand, you'll be able to make the best decisions for your financial future. Congress recently legislated profound changes to the rules for Chapter 7 and Chapter 13 bankruptcy. Although these changes are intended to limit the number of bankruptcy filings, 90 percent of them occur because of divorce, medical bills or job loss - which means many people will still need to file.The new rules are complex, but those readers who face out-of-control debt can turn to The New Bankruptcy for plain-English help in choosing the best strategy to get back on their feet. Filled with clear-cut answers and practical suggestions, The New Bankruptcy covers all the issues a potential filer faces, including:

*  required paperwork
*   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 The New Bankruptcy also provides worksheets to help readers determine whether they can file for bankruptcy under the new law, checklists, sample forms and easy-to-use legal charts for all 50 states.

Synopsis

Considering bankruptcy? Get the facts and find out how bankruptcy could work for you.

Bankruptcy laws have changed, and figuring out how to use them effectively is harder than ever. For plain-English guidance you can trust, turn to The New Bankruptcy.

Get the clear-cut answers, information and strategies you need to figure out whether bankruptcy is the right solution for your debt problems.

Eric Tyson

"Authoritative, comprehensive and packed with helpful advice and useful information, including state-specific details."--(Eric Tyson, best-selling author of Personal Finance for Dummies and Mind Over Money)

About the Author, Stephen Elias

Stephen R. Elias is an attorney and former associate publisher at Nolo, as well as current President of National Bankruptcy Law Project. He is the author of many Nolo books, most recently The New Bankruptcy: Will It Work for You? Other titles include Special Needs Trusts: Protect Your Child's Financial Future, How to File for Chapter 7 Bankruptcy and Legal Research: How to Find and Understand the Law. He is also one of the original authors/designers of Nolo's bestselling WillMaker software. Steve holds a law degree from Hastings College of Law and was a practicing attorney in California, New York and Vermont before joining Nolo in 1980. He has been featured in such major media as The New York Times, The Wall Street Journal, Newsweek, Good Morning America, 20/20, Money magazine, and more.

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Editorials

Eric Tyson

Authoritative, comprehensive and packed with helpful advice and useful information, including state-specific details.

Accounting Today

With last year's change in the bankruptcy laws creating unprecedented confusion in the field, it's important to know whether it remains a viable option, and this book will offer both explanations and reassurances.

Eric Tyson

"Authoritative, comprehensive and packed with helpful advice and useful information, including state-specific details."--(Eric Tyson, best-selling author of Personal Finance for Dummies and Mind Over Money)

San Francisco Chronicle

"...All of Nolo's books are easy to understand, updated regularly, provide pull-out forms...and are often quite moving in their sense of compassion for the struggles of the lay reader."

Washington Post

"Nolo publications guide people simply through the how, when, where and why of law."

Accounting Today

With last year's change in the bankruptcy laws creating unprecedented confusion in the field, it's important to know whether it remains a viable option, and this book will offer both explanations and reassurances...

Book Details

Published
June 1, 2009
Publisher
NOLO
Pages
385
Format
Paperback
ISBN
9781413310252

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