Legal Question in Bankruptcy in Maryland
Pending BK changes
With the pending changes in BK Law, how will these changes affect persons filing Chapter 13?
Asked on 3/11/05, 4:29 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Pending BK changes
Changes to Chapter 13 include elimination of the super-discharge (more debts will remain after completion of plans); and use of IRS expense guidelines rather than actual expenses, so that budgets will not be workable. The bill simply will not work.
Answered on 3/11/05, 4:42 pm
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