I need help

President Bush signed the new Bankruptcy Reform Act into law around April of 2005. This law went into effect in October of 2005. This means that filing a chapter seven bankruptcy is not as easy as it once was.

How did the new bankruptcy law change the parameters of the Chapter seven bankruptcy?
How Consumer Credit Counseling companies can help some individuals avoid the bankruptcy option? How do they work? Do they charge a fee? Would you recommend this as a possible alternative to bankruptcy? Why or why not?

Once you write up your response to these questions, please re-post so someone here can critique your work.


With all due respect, I have been providing responses to every problem that I have posted so far. The resplies that I have received are basically "well done" and other not so qualitative reponses. I am asking for someone's help, just HELP. Maybe some links here and there or better off, someone's own thoughts and opinions of the subjected matter. With this I can make an analysis and provide a who just want answers.

If you put the academic subject you need help with in the subject line, you're likely to receive better, faster help. "I need help" is not a subject; it causes people who have expertise in your need area to waste time and/or maybe never read your question.

Please be sure to put the academic subject in there -- in this case Econ or Government or whatever is accurate.



Student needs help in econ matters. Can our math/econ/stat teachers help?


Sorry, I really don't know much about bankruptcy law. I know even less about the specifics of the new bankruptcy law just enacted. The ideal expert needed to help this student is an accountant or a bankruptcy lawyer. I am not aware of a regular Jiskha assistant with expertise in these areas. I do know that the new law represents a major reform. So, I'm sure there are boatloads of stuff written about it. Google is the place to start.
Lotsa luck.

the price of pizza caused more people to buy hamberger, what type of change would that be?

  1. 👍
  2. 👎
  3. 👁
  1. A chapter 7 bankruptcy will be harder to get. Your income and assets will determine if you qualify for a chapter 7. You will need to prove that you have no other alternative, and you will need to take a mandatory credit counseling course approved by your attorney. The fees to file for bankruptcy has gone up, it cost roughly $1,000.

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. Government

    which of the following is an example of the principle of checks and balances? A)President can veto an act of congress. B)Members of congress have the power to raise their own salaries C)Federal courts have the power to hear cases

  2. History

    What was one important consequence of the Fugitive Slave Act of 1850? A.The law improved relations between the North and South and helped ease any remaining tensions. B.The abolition movement gained support as the law forced

  3. history

    What type of law is created by a legislative body? (1 point) common law constitutional law natural law statutory law

  4. physics multiple choice MCQ 2- i need help please @all respective sir & bro

    which of the following laws is applicable for the behavior of a perfect gas? a. Boyle's law b. Charles' low c. -Lussac law d. all of the above e. joule's law

  1. Physics

    Which law gives the force between two objects that is related to their mass and distance? Kepler's law Coulomb's law Newton's second law of motion Newton's law of gravitation*****

  2. driving

    Corinne was driving erratically and the police stopped her. The officer immediately asked Corinne to take a sobriety test because of the.. teenage driving law. implied consent law.National Highway Safety Act. National Traffic and

  3. History

    The rule of law, established by Hammurabi, was the idea that a.) different laws apply to people of different social ranking b.) all members of society, even the rich and powerful, must obey the law c.) there is no difference

  4. Social Studies

    Among the First Laws passed by FDR was the Truth-in-Securities Act. How did it support his New Deal Goals? A. The law's Purpose was to make sure farmers' investments were safe. B. The law's goal was to prevent another economic

  1. History

    What was the Protestant Reformation? a literacy movement to reform censorship practices by monarchies and allow the freedom of speech a political movement to reform feudalistic European governments to represents republics a social

  2. Civics

    "Every bill which shall have passed the House of Representatives and the senate, shall, before it became law, be presented to the president of the united states: If he approval he shall sign it, but if he shall not return it, with

  3. Government

    1. Presidents Bush and Obama's foreign policies with Iran were different for what reason? a. President Bush employed the Monroe Doctrine; President Obama did not. b. President Bush preferred to isolate the adversary; President

  4. Social studies

    Among the first laws passed by FDR was the Truth-in-Securities Act. How did it support his New Deal goals? A. The law’s purpose was to make sure farmers’ investments were safe. B. The law’s goal was to prevent another

You can view more similar questions or ask a new question.