Abby's Guide to Personal Bankruptcy
Username Password
Home Reviews More Guides
Abby’s Guide > Personal Bankruptcy > Guide > Personal Bankruptcy

Personal bankruptcy

Whether it is due to flagrant abuse of credit, second and third mortgage debt or medical bills; filing personal bankruptcy is a difficult step to take.

The first thing a people in over their financial heads should know, is that filing personal bankruptcy has been made more difficult due to passage of the Bankruptcy Abuse Prevention and Consumer Protection Act in 2005. The law is seen by consumer advocates as a boon to the credit card industry which may receive billions from mandated repayment plans and generally goes into effect in October 2005.

But the economy can sometimes mitigate against even the most frugal. With a job loss and a medical crises, some of us will be forced into this difficult declaration.

Personal Bankruptcy Guide   •   Reviews   About Us   Terms of Use   Privacy Policy   Contact Us
Copyright 1998-2018 All rights reserved.
Site by Take 42