Having financial woes and difficulty and contemplating filing for bankruptcy? We have information for you including the new changes as well as who should file and what the differences and definitions are regarding Chapters 7, 11, and 13.

"Consumer bankruptcy filing falls 73% Consumer bankruptcy filings plunged 73% to 102,949 filing during the first quarter of 2006, compared with the year-ago period, Lundquist Consulting data show. That's the lowest quarterly number of filing in the past 20 years. The drop comes after a law that took effect in October 2005 made it harder for consumers to file for Chapter 7 bankruptcy." - Investor's Business Daily