Helping South Carolina Consumers When They Need it Most
Archive for February, 2008
Are You Eligible For Chapter 7?
Part of the “reforms” passed in the 2005 Bankruptcy Act included a restriction on filers in Chapter 7 based on income. Simply (or simplistically) put, a Chapter 7 debtor must meet certain income requirements before filing; if the debtor’s income exceeds the median income for the debtor’s household size in his or her state, then [...]
Bankruptcy Law Network: “Congress Could Save Your Home”
My friends at the Bankruptcy Law Network have published a post recently on congressional attempts to respond to the foreclosure crisis. This post, entitled “Congress Could Save Your Home From Foreclosure,” discussed H.R. No. 3609, a bill that would make certain changes to the Bankruptcy Code which would make it easier for folks who file [...]
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