Considering bankruptcy? Get the facts and find out how bankruptcy could work for you.
Figuring out how to use the bankruptcy laws effectively is harder than ever. For plain-English guidance you can trust, turn to The New Bankruptcy.
The New Bankruptcy provides clear-cut information, answers to common questions, worksheets, and strategies to help you figure out whether bankruptcy is the right solution to your debt problem. Find out:
· the main differences between Chapter 7 and Chapter 13 bankruptcy
· whether you qualify for Chapter 7 bankruptcy (the means test)
· how the Chapter 13 repayment plan works
· which type of bankruptcy (7 or 13) is better in various situations
· which debts are wiped out
· what happens to your property, including your home, car, and retirement accounts, and
· other ways to handle debt problems.
The book also outlines the bankruptcy process and includes sample, completed bankruptcy forms.
Stephen R. Elias is an attorney and former associate publisher at Nolo, as well as current President of the National Bankruptcy Law Project. He is the author of many Nolo books, including The New Bankruptcy. Other titles include Special Needs Trusts and How to File for Chapter 7 Bankruptcy. He is also one of the original authors/designers of Nolo's bestselling WillMaker software. Steve holds a law degree from Hastings College of Law and was a practicing attorney in California, New York and Vermont before joining Nolo. He has been featured in such major media as The New York Times, The Wall Street Journal, Newsweek, Good Morning America, 20/20, Money magazine, and more.
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.
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