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View Full Version : Rules of if you can file BK or not?


kujan25
Apr 28, 2007, 09:33 AM
Wanted to find out the rules of filing for BK. I haven't made a dollar since Oct 01, of 2006. But maid pretty decent money before that. I have used all my reserves to stay a float and even tried opening a small business that didn't work out. I have never missed a payment on anything, unfortunately I can't juggle anymore and its about to start. I have absolutely no assets. I hear horror stories of people that get lied into filing and it doesn't get approved, yet it still shows up on their credit and dings them the same way, and they find this out after they already paid their certified funds to the attorney. I know there aren't any for sures out there, but what do they look at? What are reasons a BK doesn't go through? Can they use the fact that I made good money in the past against me? What can they come after if anything?

AtlantaTaxExpert
May 11, 2007, 12:58 PM
Contact and see SEVERAL bankruptcy attorneys and compare the services they offer and the fees that will be charged.

You can also go to Consumer Credit Counseling for help.

gazelleintense
May 12, 2007, 08:06 AM
New laws are here. I will say getting a chapt 7 is more difficult now.

The New Bankruptcy Law (http://www.nolo.com/article.cfm/catId/462A9501-9B21-4E09-A08C5A7B8AF51A79/objectId/B0B66870-4C52-4303-919B10B9611D3EF9/213/161/ART/)