
Before the federal bankruptcy law was rewritten in 2005, one of the main complaints was that bankruptcy was too easy of an option for too many consumers. In particular, the goal was to push more filers into Chapter 13 bankruptcy as opposed to Chapter 7 bankruptcy. The main difference, of course, is the five-year repayment [...]







Hi, I'm Philip Taylor. I'm a husband, father, blogger, and entrepreneur. I love learning to do more with my money and sharing it all here with you. Join in on the conversation and start improving your financial life today. 