When you first got a credit card how long did it take for you to run the bill up and need debt relief. Back in 2005 there was a turn around in the bankruptcy laws. The change in the law has made it much more difficult for a American to qualify for Chapter 7. A Chapter 7 will discharge the debt owed in it’s entirety. If someone dosen’t pass the “means test” to be excepted for Chapter 7 then they must look to go through what’s called a Chapter 13. With a Chapter 13 the court will review your entire financial state of affairs to figure out how much you will be forced to pay back towards your debts within the next five years.

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