Legal Question in Bankruptcy in California
New bankruptcy law and filing
I last filed for bankruptcy 3/29/99. I need to file again, but it is my understanding that i need to wait till 1 day past my previous filing date. I am concerned with the new bankruptcy law going into effect--will I have time? Was I given correct information? I am concerned about this new law going into effect and no debt relief. Thank you.
1 Answer from Attorneys
Re: New bankruptcy law and filing
You're correct about the timing. If the bills were to pass Congress, more than likely there would be a waiting period. But that's not a guarantee. Right now, the bills have been re-introduced, but haven't been acted upon. The bills were held up during the past few years on whether judgments against anti-abortion protesters should be dischargeable. I cannot predict what will happen with this volatile political issue, however.