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Changes in Bankruptcy Laws: Implications for Homebuyer ProgramsAuthor(s)/Creator(s): NeighborWorks AmericaPublication Date: 2005-12-12 Copyright Info: Copyright 2005 NeighborWorks® America. Download now Summary/Abstract: Changes in bankruptcy laws have two impacts on NeighborWorks organization and similar housing counseling agencies. First, clients in financial crisis seeking assistance may have more difficulty filing bankruptcy than under previous regulations. Second, the new law requires credit counseling and debtor education, services which some nonprofit organizations may decide to provide. Organizations need to understand the new provisions of the law to guide existing counseling programs, and should thoroughly analyze the requirements for providing counseling or education services before considering entering the bankruptcy counseling field. Audiences Served: Advocates; General Public; Legislators/Legislative Aids; Policy Professionals; Researchers Type/Format: FactSheet; Policy Brief Language code: English Download now |
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Unless otherwise noted, all content © 2008 Neighborhood Reinvestment Corporation, dba NeighborWorks®America. All rights reserved. Terms of Use| Privacy Policy 1325 G St., NW, Suite 800, Washington, DC 20005-3100 Phone: (202) 220-2300 Fax: (202) 376-2600 |
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