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2. Bankruptcy Abuse Prevention and Consumer Protection Act

   en.wikipedia.org/wiki/Bankruptcy_Abuse...

   The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) (Pub. L. 109–8 (text), 119 Stat. 23, enacted April 20, 2005) is a legislative act that made several significant changes to the United States Bankruptcy Code.

3. Personal bankruptcies are up. When does it make sense to file?

   www.aol.com/personal-bankruptcies-does-sense...

   Chapter 7 is a liquidation bankruptcy, where one's nonexempt property and assets — possessions not protected by bankruptcy — are turned over to a trustee, and debt is discharged in 3 to 6 months.

4. Bankruptcy in the United States - Wikipedia

   en.wikipedia.org/wiki/Bankruptcy_in_the_United...

   Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...

5. History of bankruptcy law in the United States - Wikipedia

   en.wikipedia.org/wiki/History_of_bankruptcy_law...

   Bankruptcy cases pending on or filed after July 10, 1984, are subject to most of the amendments relating to bankruptcy jurisdiction. The Bankruptcy Judges, United States Trustees, and Family Farmer Bankruptcy Act of 1986 made substantive changes relating to family farmers and established a permanent United States trustee system. The 1986 Act ...

6. What happens if you are late on your chapter 13 bankruptcy ...

   www.aol.com/finance/happens-chapter-13...

   The court could dismiss your case or change it to Chapter 7 if you’re late on your Chapter 13 payment. ... Missing a Chapter 13 bankruptcy payment can jeopardize the process. However, many ...

7. Common types of bankruptcy and how to avoid filing - AOL

   www.aol.com/finance/common-types-bankruptcy...

   Chapter 7 bankruptcy can stay on your credit reports for 10 years, while Chapter 13 bankruptcy only stays on your reports for seven years. However, the impact on your credit score will lessen over ...