Book Description: A clear path through the bankruptcy maze! Bankruptcy laws have changed, and figuring out how to use them effectively is harder than ever. For plain-English guidance you can trust, turn to The New Bankruptcy. Here, you'll discover the clear-cut answers, information and strategies you need to figure out whether bankruptcy is the right solution for your debt problems. Find out if you qualify for Chapter 7 bankruptcy, how Chapter 13 repayment plans work, which debts are wiped out, how bankruptcy affects homeowners, if you can keep cars and other property, how bankruptcy affects credit, alternative ways to handle debt problems and much more! The 2nd edition is completely updated to show how the courts have interpreted the new bankruptcy laws. It also provides worksheets to help you determine whether you can file for bankruptcy, and includes helpful checklists, sample forms and easy-to-use legal charts for all 50 states.