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Tuesday January 16th 2018

Personal Bankruptcy Law Is Subject To switch At Any Time

The prevailing personal bankruptcy law allows somebody to apply for personal bankruptcy in line with either Chapter Seven or Chapter Thirteen which can be bankruptcy codes which are applicable in every state inside the USA. This however doesn’t mean that the non-public bankruptcy law is stagnant and not vulnerable to change because as and when the govt. finds that certain aspects of the current personal bankruptcy laws should be changed; it’ll affect the required changes through application of relevant amendments.

Current Scenario
Each time a new amendment is passed it leads to a metamorphosis within the existing personal bankruptcy law. How and when changes are rung in really depends upon the current scenario as it relates to our surroundings and business strategy. Obviously, only the govt. has the appropriate to switch existing personal bankruptcy laws and not the states and the simplest person to consult regarding to latest personal bankruptcy laws is any good and experienced personal bankruptcy lawyer.

If you’re somebody it’s snowed under debts that you simply know you can’t pay off then you definately must either learn the applicable personal bankruptcy laws and file for bankruptcy for your own or allow an attorney that knows the laws inside out to defend you and to also file for bankruptcy in your behalf.



The government is free to pass any new personal bankruptcy laws that it deems fit to describe changed circumstances and these changes may have a profound effect on the probabilities of those those who are planning to file for personal bankruptcy.

Recently, Congress passed a new personal bankruptcy law that has made life for individuals wishing to file for personal bankruptcy a whole lot harder; though not impossible. This alteration has been rung in with the intention that only folks that are really desperately wanting legal remedies are allowed to file for bankruptcy and not someone this is simply looking to get out of inauspicious financial circumstances by subverting the law. So, now individuals have to pass what is mostly a means test that requires dealing with a good looking complex process where it’s good to document your entire expenses and income and only if your income is below the median income are then you definately permitted to file for personal bankruptcy.

If you might be unsure about existing personal bankruptcy laws it is easy to certainly seek to get relevant personal bankruptcy advice from someone it is well aware of personal bankruptcy issues and laws. Remember, that private bankruptcy seriously isn’t, as many individuals consider the top of the arena. It’s far as a matter of fact a superb technique to start a fresh life once more after having discharged your whole debts through use of non-public bankruptcy courts.

Personal Bankruptcy Laws For Dummies ($5)

Personal Bankruptcy Laws for Dummies is the one and only book I found that explains the intricacies of the new bankruptcy law, gives the reader all the information needed to make a rational decision on whether bankruptcy is the appropriate remedy for his or her financial illness, and provides a wealth of information in a manner that neither patronizes nor condemns. Although it recognizes the emotional toll that financial difficulties inevitably place on individuals and couples, its strength is in giving the reader all the information necessary to make a reasoned decision on whether bankruptcy is the best route and, if so, under which chapter of the Bankruptcy Code.

Chapter 13 Bankruptcy: Repay Your Debts… ($0)

Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time

I needed to file Chapter 13 to pay off approximately 00 in delinquent taxes that could not be discharged in a Chapter 7. I contacted several local Chapter 13 attorneys in the San Diego area for free consultations. Each one wanted to charge at least 00.00 to represent me and wanted between 00.00 to 00.00 to be paid prior to them filing the bankruptcy paperwork with the court. If I had that kind of money, I would have been trying to work out something with the IRS.

I bought this book and read it cover to cover several times. When I knew I was ready, I completed the forms required to file in my district, California Southern District. My expense was 4.00 in cash for the filing fees. I filed on 4/17/09 and had my 341(a) hearing on 5/22/09. The court schedules a hearing at the same time for many people.

During the hearing, I was getting nervous as several people that were represented by attorneys were called in front of the Chapter 13 Trustee ahead of me and were either having their hearings continued to a new date or having a Confirmation hearing scheduled due to discrepancies in their filed paperwork (this was paperwork prepared and filed by their attorneys!!!). In the California Southern District, a 341(a)hearing is rescheduled or a Confirmation hearing is scheduled if the Chapter 13 Trustee thinks there is a presumption of abuse of the bankruptcy laws, objects to the plan or a creditor has an objection to the plan.

When I was called up, I only had to answer a few basic questions (name, address, what do you do you do for a living, how much are you paid, is that hourly, weekly, monthly and how many hours per day, week or month do you work) and provide copies of my IRS tax returns for 4 years (2005, 2006, 2007 and 2008)to verify that I have had stable income. The Chapter 13 Trustee stated he did not find a presumption of abuse, recommended that my plan be confirmed and is submitting the Request for Plan Confirmation to the Chapter 13 bankruptcy judge for sign-off. It took less than 10 minutes.

I could not have done it without the invaluable assistance of this book.

The Little Book of Dialogue ($2)

This book amazed me in its simplicity and profound insights. As an instructor and practitioner in conflict resolution, I have read many books and journal articles on the topic of dialogue. This little book takes the concept of “dialogue” to a whole new level of clarity, compassion, and higher understanding. It reminds us that our future survival on planet earth – amidst our pressing global concerns – depends on our abilities to creatively address our problems through dialogue for positive social change. This is the same message that the Dalai Lama shares in his public talks: we need to promote the spirit of dialogue and cease the use of violence to resolve differences among people.

Lisa Schirch and David Campt approach their book in simple terms that most people can understand. All the while, there is a rich depth in their writing that reveals the fact that the authors are highly educated and experienced practitioners in the field of dialogue. Their use of examples, interspersed throughout the book, draw on their unique experiences yet distill universally applicable guidelines, challenges, and solutions for people everywhere.

As dialogues begin in my own community, I will use this book as a template to guide the planning, development, implementation, and evaluation of the dialogues. The book gave me insights on how to articulate the distinctions of dialogue from other communication processes and it helped me to better understand important ideas for designing dialogue. While reading the book, I often heard my mind thinking: “ah-ha . . . that’s interesting . . . I never though of it like that before.”

I believe that this book is critical for anyone involved in holding dialogues for community transformation. The beauty and paradox of this book is that it is infused with a broad social and spiritual framework while being a “little book.” I would be very happy to know that everyone around the world would use the book’s insights as a way to promote deeper human values and facilitate a “new shift” in the 21st century.

Lisa-Marie Napoli, Ph.D.

Co-Founder, Past-Present-Future Foundation

Professor, School of Public and Environmental Affairs, Indiana University

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