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New York and Bankruptcy

May 19th, 2008

Under the new bankruptcy laws that became effective in 2005, a person’s income cannot exceed the average current monthly income in the area in which they reside. There may also be a difference in residency requirements prior to filing for bankruptcy and a New York bankruptcy lawyer will be able to counsel individuals on their ability to meet legal challenges to their filing.

This entry was posted on Monday, May 19th, 2008 at 11:59 am and is filed under Bankruptcy, Business, Business Laws.

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