Chapter 7 after 2005 bankruptcy -reform-?
I was wondering, seeing another post on bankruptcy.... I was in the middle of filing Chatper 7 in summer 2005 before the reform kicked in when Katrina hit (from New Orleans). Wasn't able to reach my attorney after that and needless to say was busy trying to get life organised as well to worry about the extra stress of finishing the bankruptcy proceedings. However I've heard that the new rules, post -reform-, make it almost impossible to file Chapter 7 unless you're ridiculously wealthy or stable already. The recent post on types of bankruptcy has me hoping that might not be the case? Anyone know what on a federal level the regulations are on it? Thanks! And to everyone who responded to my last post thanks! I'll try and get to responding individually when I have some spare time, the information from everyone was appreciated!