Today, we’ll explore something new here on Bankruptcy Law Network: bankruptcy in Canada. Anyone working in consumer bankruptcy these days knows our Bankruptcy Code is in a less-than-ideal condition. U.S. bankruptcy law was “reformed” in 2005 with the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”). Our neighbors to the north also [...]
April 2011
A Chapter 13 bankruptcy will normally take a minimum of 3 years and may have to continue for 5 years depending upon the income of the debtor. Because of the length of time involved in a Chapter 13, there is always the very real possibility that the debtor may have unanticipated major expenses during the [...]
