Popular FAQ on Modifying the Toyota Supra Effective Online Car Sales on Ebay Motors Low Speed Impact "Injury" Facts Latest News 5 Ways To Find Affordable, Quality Parts For Your Vehicle Make or Break Factors - When Considering Estimating Software Project Outsourcing: Why ALL Businesses Should Consider Outsourcing an Integral Part of Business Gro Home Articles Business And Finance Bankruptcy Bill Search our articles now! Bankruptcy Bill User Rating: / 0 PoorBest  Written by Stuart Simpson    The Senate is trying to overhaul the bankruptcy laws. Credit card companies and retailers have been pushing for reform since 1997. Hopefully, the new law will come into effect by mid-March.What have they been battling over?They rejected an ame.... Bankruptcy Bill by: Stuart Simpson The Senate is trying to overhaul the bankruptcy laws. Credit card companies and retailers have been pushing for reform since 1997. Hopefully, the new law will come into effect by mid-March. What have they been battling over? They rejected an amendment that would allow older people to get a special “homestead exemption” that would allow them to keep their homes if they file bankruptcy. Currently, this is determined by each state. Six states currently have unlimited homestead exemptions. This means that rich people can file bankruptcy and keep their big houses. Doesn’t sound fair. They also wanted to have credit card statements show how long it would take to pay off the debt by making only the minimum payment and what the interest charges would be. One proposal would allow people to keep at least $150,000 equity in their home. The second proposal dealt with medical bills. If the medical bills exceeded 25% of their income, then they were exempted from the new test. This new test measure income and assets to determine if debts can be discharged. Bankruptcy judges currently have to decide if debts can be discharged. Some people say this would remove a safety net for people who lost their jobs or have insurmountable medical bills. About The Author Stuart Simpson is consolidating information on Bankruptcy. http://www.bankruptcy-chapter7.com/ This article was posted on March 08, 2005   < Prev   Next > [ Back ] Random News If You Drive - Consider A Greener Fuel As Smog Season Begins (NC)-As the first smog alert warnings of the season approach, Canadians are being urged to use ethanol-blended fuel to alleviate the urban smog problems plaguing many parts of the country. Many regions such Vancouver, Calgary, Montreal and most pa.... Read more Low Speed Impact "Injury" Facts Low Speed impacts are those that take pace at speeds under 10 MPH. There’s often little (if any) visible Property Damage done to the rear of ones motor vehicle. However, those who are struck (especially in the rear) often have injuries, especially.... Read more Selling Effectively on Ebay Motors Remember back when selling online was a new experience? Dealers tried everything to sell their vehicles online. Today’s market has expanded to include several hot online marketplaces but there is the largest online marketplace, Ebay. Ebay has e.... Read more Effective Online Car Sales on Ebay Motors Remember back when selling online was a new experience? Dealers tried everything to sell their vehicles online. Today’s market has expanded to include several hot online marketplaces. The largest online marketplace is Ebay. Ebay has evolved in.... Read more FAQ on Modifying the Toyota Supra What does BPU™ stand for? (BPU™ is a trademark of SupraStore.com)Basic Performance Upgrades. These modifications are: A full length three inch down-pipe (with or with-out high flow cats), 3” (75mm) or bigger cat-back exhaust system, raised boost.... Read more