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New Bankruptcy Law Effective Oct. 17

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By Admin on October 14, 2005 12:18 PM

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, a major reform of the bankruptcy system, was passed by Congress and signed into law by President Bush in April 2005. Changes instituted by this new law took effect on October 17, 2005. Learn how key changes in the law may impact your financial situation if you are filing bankruptcy after October 17, 2005: