Tuesday, October 04, 2005

Financial Planning Week #2: Bankruptcy Rules

As mentioned yesterday, this is Financial Planning Week in Pennsylvania so I hope to have a daily financial post. (Please note that I have no training in any form of financial planning. These posts are offered for entertainment value only. Consult a trained financial planning professional for advice.)

Bankruptcy laws change on October 17th and it will become harder to declare bankruptcy. See this information from the fine folks at Nolo for more information. Wondering how this happened? Check here and here for information on how your congressional representative voted on this issue.

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