Legal Advice and Services Blog

Question by Moose O’lini: Did the Bankruptcy reform legislation from a few years ago make it any harder for banks to declare bankruptcy? “The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Pub.L. 109-8, 119 Stat. 23, enacted 2005-04-20), providing for significant changes in bankruptcy in the United States, was passed by the 109th [...]

Question by robert c: How much harder is it to get out of debt through bankruptcy these days? I understand the credit card companies put a stop to easy bankruptcy a few years ago. Best answer: Answer by Good. Bad. I’m the guy with the gun.Technically, the credit card companies cannot directly make it harder [...]