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Thursday, July 10, 2008

About Credit / Debt Management: Barack Obama Proposes Bankruptcy Law Changes

About.com   Credit / Debt Management
In the Spotlight | More Topics | |
  from LaToya Irby
In 2005, new bankruptcy laws were put into place making it more difficult for consumers to file Chapter 7 bankruptcy - the type of bankruptcy that completely discharges many unsecured debts. Maybe it's time those changes were re-evaluated.

 
In the Spotlight
Obama Proposes Bankruptcy Law Changes
In a recent speech, Democratic presidential candidate Barack Obama proposed riveting changes to the bankruptcy law. These changes would make it easier for certain families to file bankruptcy and keep their homes. Find out specifics about the changes and let us know what you think.

 
         More Topics
4 Ways to Avoid Bankruptcy
Bankruptcy can have a long-lasting effect on your credit and ability to borrow in the future. Look at some bankruptcy alternatives before you make the decision to file.

 
Two Major Types of Bankruptcy
There are two major types of bankruptcy that consumers can file to get relief from their debt - Chapter 7 and Chapter 13. Learn more about each and which might be a solution for you.

 
 
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