Monday, April 13, 2009

Bankruptcy Bill.

Hopefully, the new law will come into effect by mid-March. One suggestion would permit folks to keep at least $150,000 equity in their home.

you will get to keep your house. Poor credit rating making it tough to ever borrow again. Hopefully, this info has helped your present position, but please, it is always smart and occasionally needed by law, to talk with a lawyer before filing. If the hospital bills surpassed 25% of their revenue, then they were exempted from the new test.

This new test measure revenue and assets to ascertain if liabilities can be discharged.

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