|
Judges no longer determine a reasonable living
standard for individuals filing.
The new law
imposes a national standard for all debtors.
The
new bankruptcy laws virtually eliminate ?cram down?.
Today, most Debtors
filing under Chapter 13 must repay the full balance due on secured
claims to retain
collateral.
Potential Chapter 7 and Chapter 13 filers must
complete a credit counseling program
approved by the United
States Trustee?s Office.
Your case can be dismissed for failure to
produce documents requested by the
Trustee within a certain
period of time.
New Law? No Problem! We continue to provide expert advice and
representation despite the drastic changes to the Bankruptcy Code. Call
us today for a free consultation at 410-654-0604.
|
