ChBankruptcy.com
Title
Debt Consolidation Austin Texas, Austin Bankruptcy Lawyers: Cantu & Hickson, P.C.
Description
A new bankruptcy law went into effect on October 17, 2005. Under the new law it may be more difficult for some people to qualify for relief under chapter 7of the United States Bankruptcy Code.
To qualify under chapter 7 will be determined by one's family income, family size, and family expenses. If the household income is greater than the state median income, it is considered an abuse to file chapter 7, and unless there are mitigating circumstances to justify filing the case, it will be dismissed and monitary sactions may be awarded against the debtor.
Until it is revised in 2006, the state median income is based on the 2004 Census Bureau. The following are the median income figures for Texas:
Contact
- SBC Interactive
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- Pasadena CA
- United States 91103
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- +1.6265855800
