April 22nd, 2011 by
Chapter 7 bankruptcy, in which all debts are discharged, is now only available to applicants who can prove that they do not have sufficient income to pay back any of their unsecured debts. This may be difficult to prove without the assistance of a trained bankruptcy attorney, who will represent the applicant in court and provide clear evidence when he can prove that Chapter 7 is indeed the correct choice.
Source:Changes In Bankruptcy Law Require a Bankruptcy Attorney
Read the original: Changes In Bankruptcy Law Require a Bankruptcy Attorney
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Tags:BankruptcySource: http://finance-made-simple.com/bankruptcy/changes-in-bankruptcy-law-require-a-bankruptcy-attorney
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