Comments on: Are bankruptcy laws federal or do they go by state laws?

By: claudia.treacy@sbcglobal.net

claudia.treacy@sbcglobal.net — Fri, 03 Jul 2009 15:56:59 +0000

Bankruptcy laws are FEDERAL, but you are right. They were recently changed. The main bills you cannot discharge are taxes. Recent bankruptcy laws have been changed to favor charge card companies. Florida is famous for allowing you to keep your home, no matter how expensive it is. This is why so many rich people who file, go to Florida. In this sense, a state law has influenced a Federal Law.

The following website is a good source for legal issues. It says it is for attorneys, but it is not difficult to understand.

http://laws.lp.findlaw.com/7th/993841.html
References :

By: billhill1066

billhill1066 — Fri, 03 Jul 2009 15:45:59 +0000

First advice – see a bankruptcy lawyer in your community.
Look on the web for NACBA – National Association of
Consumer Bankruptcy Attorneys. On the website, you will be able to find a bankruptcy attorney in your geographic area.

Bankruptcy laws are federal. However, in certain situations, the federal bankruptcy laws refer to applicable state laws. For example, your state may have "elected" – to have its own exemption laws apply – rather than the federal exemptions. An exemption is property (personal property and real property) that is excluded from the bankruptcy – and the debtor (the one who files for bankruptcy) gets to keep it.

Since you are planning to get married, I especially urge you to see an attorney immediately regarding your situation.
References :

By: wfgrg

wfgrg — Fri, 03 Jul 2009 15:04:59 +0000

bankruptcy is handled thru the federal courts in the major cities in your state . . monies you owe will not affect your honey . . these are debts acquired prior to marriage . . the laws have changed in the last year in regard to bankruptcy . . you need to speak to a bankruptcy attorney for all the information as it will pertain to your debts . . .good luck
References :
http://www.law.cornell.edu/wex/index.php/Bankruptcy

By: summerdaze

summerdaze — Fri, 03 Jul 2009 14:54:59 +0000

I had the same question
References :

By: phoenixheat

phoenixheat — Fri, 03 Jul 2009 14:44:59 +0000

You need a good bankruptcy lawyer. Bankruptcy laws are federal.
References :

By: Gwenhwyvar

Gwenhwyvar — Fri, 03 Jul 2009 14:14:59 +0000

federal
References :