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Old 07-20-2008, 11:27 AM  
candyflip
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Join Date: Jul 2002
Location: New York
Posts: 43,064
Quote:
Originally Posted by spunkmaster View Post
The problem is you can't claim a BK anymore unless you are really broke.

The new law two years ago stopped most people from claiming a BK. You now have
to pay off the old debts with payment plans until you pay off your debts !
You can do it every 7 years, at least Chapter 11. I have an uncle who seems to be a real pro at this scheme and does so every 7 years, no fail.
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