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Many consumers across the United States have expressed fear or uncertainty concerning filing for bankruptcy since the new law- The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005- was passed last October.

With bankruptcy on the rise, many people are finding themselves in debt easier than in the past. With the living wage increasing dramatically and the minimum wage staying relatively constant, it is hard to keep up with your bills and payments.

Some people who are thinking about filing for bankruptcy typically ask “what happens when you file for bankruptcy?”. Well, bankruptcy is not an easy task and requires many long hours and researching into the depths of bankruptcy law.

The whole idea behind filing bankruptcy is to give you a fresh start. Just imagine life without credit card debt, high medical bills, and various other financial obligations.

My old friend Phil, a lawyer who is currently serving our country in Iraq emailed me with a question. A soldier there wants to convert from a bankruptcy Chapter 13 to a Chapter 7 – what is involved?

Over the past few weeks, I have received objections in 2 bankruptcy Chapter 7 cases from the Trustee having to do with the median income/means test Form 22A. Under the new law, debtors must fit within these tests in order to qualify for Chapter 7.

The Georgia Supreme Court recently considered the issue of whether a debtor/ husband could be held in Contempt of Court in Superior Court for refusing to pay a joint marital debt.

Let's take a closer look at how the court uses 'discretion' when it comes to voluntary dismissals of bankruptcy chapter 7 cases.

The threat of a mortgage foreclosure serves as a prime motivating factor for many Bankruptcy Chapter 13 bankruptcy filings. But is bankruptcy an effective means of stopping foreclosure?

Let's take a closer look at how you can protect your tax refund from being seized after filing bankruptcy.