New Bankruptcy Law FAQs
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Q:
What Law Governs Bankruptcy?
A: Bankruptcy is governed by Title 11 of the United States Code. In addition, each state has laws relating to bankruptcy. -
Q:
I Know That The Bankruptcy Law Recently Changed – How Does That Effect Me?
A: In response to claims by creditors that the bankruptcy laws were too lenient, Congress amended the existing law in many important ways. For example: … More