Bankruptcy Questions

vehicle repossession, foreclosure proceedingsI heard you can't file bankruptcy anymore?
Not true, recent amendments to the bankruptcy code which took effect in October 2005 have put limitations on the availability of the chapter 7 liquidation for higher income debtors, however, we have found that most of our clients still qualify for the chapter 7 liquidation.

If a debtor's current monthly income is more than the state median income then in order to qualify for a chapter 7 a debtor will be subjected to a "means test" to determine whether the chapter 7 filing is presumptively abusive.

Will my creditors quit harassing me?
Yes, by law, almost all actions against a debtor must immediately cease once the bankruptcy petition is filed. Creditors cannot start or continue lawsuits, foreclosures, wage garnishments, or telephone calls.   

We are a debt relief agency. We help people file for relief under the bankruptcy code.