This myth could not be farther from the truth. The new laws generally have no effect on the typical person seeking to file for bankruptcy protection. For the most part everything that was available under the old laws is still available under the new law. It is true that in some instances the laws are stricter and there may be additional paperwork, but that should not hold anyone back from seeking the "fresh start" provided by the Federal Bankruptcy Laws. If you have specific questions on how the new laws affect your ability to file bankruptcy, please call the law offices of Lee Cossell Kuehn & Love, LLP at (317) 631-5151.
