Considering bankruptcy? Get the facts and find out how bankruptcy could work for you.
Bankruptcy laws have changed, and figuring out how to use them effectively is harder than ever. For plain-English guidance you can trust, turn to The New Bankruptcy.
Get the strategies, clear-cut answers, and information and you need to figure out whether bankruptcy is the right solution for your debt problems. Find out:
-if you qualify for Chapter 7 bankruptcy
-how Chapter 13 repayment plans work
-which debts are wiped out
-how bankruptcy affects homeowners
-if you can keep cars and other property
-how bankruptcy affects credit
-alternative ways to handle debt problems
This edition includes updated state and federal exemption tables, plus information on recent Supreme Court cases used to interpret 2005 bankruptcy changes. You'll also get worksheets to help you determine whether you can file for bankruptcy, including fully up-to-date exemption charts, helpful checklists, and easy-to-use legal charts for all 50 states.
Until his death in late 2011, Stephen R. Elias was a practicing attorney, active Nolo author, and president of the National Bankruptcy Law Project. He was an important part of Nolo for more than 30 years, and was the author or coauthor of many Nolo books, including Bankruptcy for Small Business Owners. Other titles include Special Needs Trusts: Protect Your Child's Financial Future, How to File for Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, and Legal Research: How to Find and Understand the Law. He was also one of the original authors of Nolo's bestselling WillMaker software. Steve held a law degree from Hastings College of Law and practiced law in California, New York, and Vermont before joining Nolo in 1980. He was featured in such major media as The New York Times, The Wall Street Journal, Newsweek, Good Morning America, 20/20, Money Magazine, and more. The blog he began on bankruptcy and foreclosure law continues at Nolo's Bankruptcy & Foreclosure Blog.
Leon Bayer, contributing updater for the fourth edition, has been practicing bankruptcy law since
1979 and is a Certified Specialist in Bankruptcy Law. He is a frequent lecturer on bankruptcy issues.
Bayer authors the “Ask Leon” series on Nolo’s Bankruptcy, Debt & Foreclosure blog and writes on
bankruptcy for Nolo.com. The State Bar of California has commended Bayer for his extensive volunteer
work, offering legal services to those who cannot afford to pay for them.