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    dlcsmc86's Avatar
    dlcsmc86 Posts: 9, Reputation: 1
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    #1

    Dec 10, 2005, 07:33 AM
    Bankruptcy
    Does anyone know what the difference is now that the bankruptcy laws have changed? What exactly has changed that would prevent a person from getting a say... Chapter 7 now as compared to before the law changed.
    This would be for the state of PA. Thanks for any help.
    RickJ's Avatar
    RickJ Posts: 7,762, Reputation: 864
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    #2

    Dec 13, 2005, 03:34 AM
    Here's one of PA's Bankruptcy info sites:
    http://www.pawb.uscourts.gov/

    I couldn't find a page with regulations or requirements at a glance, but browse through it - you may find it - and/or contact them for directions to where you can learn what is required.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #3

    Dec 13, 2005, 12:26 PM
    I'm not sure about all the changes, but I heard on the Suzie Orman Show that if you file for bakruptcy, you CANNOT discharge any student debts as they will stay with you forever.
    RickJ's Avatar
    RickJ Posts: 7,762, Reputation: 864
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    #4

    Dec 13, 2005, 12:34 PM
    FYI, That would be Government Student Loans that they were speaking of.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #5

    Dec 13, 2005, 12:49 PM
    Thank you for the clarification rickj.

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