BankruptcyZone.com

On October 17, 2005 President Bush’s sweeping bankruptcy reform law goes into effect forever changing the rules of debt collection in this natiion. Consumer advocates and the public appear to be completely unaware of the total and complete victory of the creditors under the new legislation. This article opens the door to the Trogan Horse [...]

The United States Bankruptcy Court for the Northern District of New York has recently held that those going though Chapter 13 bankruptcy must pay off their credit cards and other creditors before they tithe to their church or make other charitable donations.
This wasn’t the case before the new bankuptcy law went into effect last year. [...]

The filing and subsequent discharge of either a Chapter 7 or a Chapter 13 bankruptcy may eliminate some types of personal income tax liability. There are, however, certain restrictions which must be met in order to completely eliminate personal income tax liability through bankruptcy.