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What are the recent changes in Bay Area Bankruptcy laws?

April 26, 2017bay area changes Laws recent

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What are the recent changes in Bay Area Bankruptcy laws?

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New bankruptcy laws went into effect in late 2005 which made major changes to the bankruptcy law. The new laws add complexity and many new requirements for filing under both Chapter 7 and Chapter 13, including providing detailed information on income to the bankruptcy court. In addition, everyone who files a bankruptcy in the Bay Area must participate in a credit counseling session in order to file a bankruptcy petition and complete an education course in order to be discharged from a bankruptcy. Despite the new laws, bankruptcy relief is still available for most everyone who needs protection from creditors and an opportunity for a FRESH START. Talk to a Bay Area Bankruptcy Lawyer about your options.