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Chapter 7 Bankruptcy in Birmingham Alabama after BAPCPA
Posted by: Matthew Dunaway
July 31, 2007

It is approaching the two year anniversary since the new bankruptcy legislation (BAPCPA) went into effect. Has it changed how the typical consumer debtor files for bankruptcy or whether chapter 7 bankruptcy is an option? I am asked this question every day, so I decided to write a post covering those two basic questions.

I will answer the second question first, because it is asked most often and has the shortest answer. Filing chapter 7 bankruptcy is still available for most consumers. Before BAPCPA was passed and since then, most people seem to think that chapter 7 bankruptcy is not an option any longer. This is absolutely untrue. Most people who were eligible to file chapter 7 bankruptcy under the old law are still eligible to file under the new bankruptcy law. Since the new law was passed, I have met with only one person who was unable to file under the new bankruptcy law, but would have been able to file under the old bankruptcy law.

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