Bankruptcy Terms
For your convenience we provide a list of common bankruptcy terms and definitions.
Worksheet: If You Are Considering Bankruptcy
If you are thinking about bankruptcy, you need to take a careful look at your current situation and decide what path makes the most sense for you. Bankruptcy can be avoided in many instances, but it will require care and discipline. Use this worksheet to help assess your current situation. You can add notes in the space provided. Take this sheet with you when you visit your attorney to see if he or she can help you with other alternatives or make your bankruptcy easier. Be sure to take any documentation you mention here with you as well.
Is Bankruptcy Still an Option for Me after the New Law?
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 went into effect in October, 2005. For your convenience we provide a list of some of the effects of the new law. Some will vary according to your state.