New Jersey Attorney Law Review BlogNew Jersey attorney law review blog provided by LoFaro & Reiser, L.L.P., a New Jersey law firm concentrating in bankruptcy & creditors' rights, corporate law, criminal law & DWI, debt collection, estate planning, foreclosure, Internet law, litigation in state & federal courts, personal injury, real estate, wills, trusts & probate, and traffic tickets.2005 Bankruptcy Reform Act- August 20, 2005 The 2005 Bankruptcy Reform Act becomes effective October 17, 2005, making it more difficult for individual consumer debtors to obtain relief from their financial problems under Chapter 7 or Chapter 13 of the Bankruptcy Code.Major Intent of Bankruptcy Reform:The major intent of bankruptcy reform is to require people, who can afford to make some payments towards their debt, to make these payments, while still affording them the right to have the rest of their debt erased. These people must file...http://newjerseylawreview.blogspot.com/2005/08/2005-bankruptcy-reform-act.html |