New bankruptcy laws increase cost of filing bankruptcy

In 2005, Congress made significant changes to the bankruptcy code, which were designed to make it more difficult for consumers to get debt relief.  These new standards made bankruptcy law more complicated and challenging for consumers and the attorneys who assist them.  After this law was passed, consumer bankruptcy lawyers noticed that they had to spend much more time on each case, in order to help their clients comply with all of the new requirements.  A recent study now confirms what consumer bankruptcy attorneys in Orlando have known for quite some time – the 2005 changes to the bankruptcy laws have increased the cost of seeking bankruptcy protection.        Continue Reading

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