Comments on: Bankruptcy? http://assetsforbankruptcy.com/bankruptcy What Counts as Assets in a Bankruptcy Filing? Thu, 19 May 2011 11:14:05 +0000 hourly 1 http://wordpress.org/?v= By: Gillian G http://assetsforbankruptcy.com/bankruptcy/comment-page-1#comment-3 Gillian G Fri, 26 Mar 2010 19:02:23 +0000 #comment-3 The new law is much more complicated than before. It was designed to deter people from walking away from their debts. If you are facing personal bankruptcy then there are two chapters which might apply: chapter 7 and chapter 13. Which one would be best depends on your cirumstances - your income, your debts, etc. etc. Do yourself a favor and research the subject before you make a move. It really is a last resort and there could be alternatives. This website has a lot of information, useful links etc. Good luck! The new law is much more complicated than before. It was designed to deter people from walking away from their debts. If you are facing personal bankruptcy then there are two chapters which might apply: chapter 7 and chapter 13. Which one would be best depends on your cirumstances – your income, your debts, etc. etc.

Do yourself a favor and research the subject before you make a move. It really is a last resort and there could be alternatives. This website has a lot of information, useful links etc.

Good luck!

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