The New Bankruptcy - 11th Edition by Cara O'Neill (Paperback)

About the Book

The New Bankruptcy provides comprehensive and easy-to-navigate coverage of bankruptcy and nonbankruptcy alternatives. This guide helps readers determine whether they'd benefit from filing for bankruptcy and serves as a handy reference guide throughout the bankruptcy process.

Book Synopsis

The New Bankruptcy explains the benefits and differences of the two most commonly filed bankruptcy chapters, Chapters 7 and 13.

Readers learn that Chapter 7 quickly eliminates credit card balances, utility bills, and more without requiring creditor repayment, making it the first choice of most filers. Chapter 13 bankruptcy's three- to five-year payment plan is the better option for debtors who want to keep houses and cars they'd otherwise lose to foreclosure or repossession, or pay overdue tax and support balances over time.

This guide helps filers determine whether they qualify for the chapter that best meets their needs, explores nonbankruptcy debt relief options, and includes an online companion page with downloadable worksheets.

Review Quotes

"Authoritative, comprehensive and packed with helpful advice and useful information, including state-specific details." Eric Tyson, Author of Personal Finance For Dummies

"It's important to know whether [bankruptcy] remains a viable option, and this book will offer both explanations and reassurances" Accounting Today

"When it comes to self-help legal stuff, nobody does a better job than Nolo." USA TODAY