The New Bankruptcy: Will It Work for You? (2nd edition) | Stephen Elias

The New Bankruptcy: Will It Work for You? (2nd edition) | Stephen Elias | Might Be Just The Right Book For You.

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The New Bankruptcy...

	The New Bankruptcy: Will It Work for You? (2nd edition) Stephen Elias NOLO, 2007 - 356 pages average customer review:based on 7 reviews view larger image
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highly recommended

A clear path through the bankruptcy maze!

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.

Here, you'll discover the clear-cut answers, information and strategies 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
and much more

The 2nd edition is completely updated to show how the courts have interpreted the new bankruptcy laws. It also provides worksheets to help you determine whether you can file for bankruptcy, and includes helpful checklists, sample forms and easy-to-use legal charts for all 50 states.

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nolo press is always a reliable source

As always Nolo Press does not fail to give up to date, easy to comprehend legal info.I have been purchasing Nolo products for years and was not surprised to be pleased with this latest offering.If you are needing Bankruptcy info.whether you are considering filing yourself or are a Bankruptcy Preparer as I am, this is a very helpful guide to the new rules-which by the way,are not as oppresive as some think.This book helps clarify the new means testing which is the thrust of new guidelines.

Might Be Just The Right Book For You.

If you are considering personal bankruptcy, will satisfy the new means test or have a steady w-2 income you may want to file bankruptcy under Chapters 7 or 13. If you are considering one of the chapters, this is a great book for you. For businesses or individuals with more substantial assets or income, the appropriate Chapter would be Chapter 11. The book that I like on that subject is Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers

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A reference certain to receive repeat consultation.

Bankruptcy is usually the last resort for most people covered in the deep, restricting sludge of debt. "The New Bankruptcy: Will It Work for You?" is a guide to help those in financial turmoil to decide if the revised bankruptcy laws make declaring bankruptcy the answer for all of their money woes. Promoting clear cut answers and strategies to determining this, it offers all the information on qualifying for Chapter 7 bankruptcy, which debts are wiped in this regard, if you can keep your major property like your home and car, among other information - it even offers alternatives to clawing your way out of debt without the drastic use of bankruptcy. "The New Bankruptcy: Will It Work for You?" is highly recommended to those in need of its advice everywhere, and should be on every community library shelf on personal finance.

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Good Book For Chapter 7

If you are looking for a good introduction to Chapter 7 for individuals, this is a good book. For information about Business Reorganizations, I recommend Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers

This is a Book that an 81-Year-Old Illinois Man Should Have Written

I posted an online article recently at Hopeless Utopian about an Illinois man, 81, who has filed for bankruptcy 8 times, most recently in June 2008. This is a guy who has seen both the new and the old, and the older and the even older bankruptcy reform and has had to deal with it all. If I knew the guy's address, I'd send him Stephen Elias' book so he'd be better prepared when he files for the 9th time, if he lives long enough to refile. (Isn't there a minimum number of years you must wait between filings?) In any case, this is the book I'd recommend to him.

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reviews: page 1, 2

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