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Bankruptcy Law Changes

Updated: January 7, 2009
Last week, President Bush signed into law a bankruptcy reform bill that will make it harder for individuals to clear their debts through bankruptcy. With more on key changes in that bill and how it might affect you, Certified Financial Planner Curt Anderson. How will this change under the new reforms? A qualifying income test. Determining what you can afford. Tougher homestead exemptions. Lawyer liability. Credit counseling & money management education.

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