Filing For Bankruptcy? Understand The New Bankruptcy Law Before You Proceed

Ever since the Congress passed the new bankruptcy law in 2005, there has been plenty of confusion among consumers who may be contemplating filing for bankruptcy to get relief from their debts. Many of them are unsure about their eligibility under the new law, the changes in the law and how it is likely to affect them. The motivating factors behind the new law are the extension of relief to genuinely debt-ridden consumers who are serious about repayment and prevention of misuse of the system.

Source: http://EzineArticles.com/6225999

finance director glossary