The average credit card debt per household is $7,500, and more than 1.6 million Americans file for bankruptcy each year. The American Bar Association Guide to Credit & Bankruptcy answers the questions people commonly ask lawyers about getting, keeping, and repairing credit.
• Includes major new requirements of the bankruptcy reform bill, in effect October 2005
• Topics include credit card debt, bankruptcy, and other forms of debt such as home mortgages, auto loans, and e-loans.
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The American Bar Association is the nation's leading legal authority and the largest voluntary professional membership organization in the world. With more than 400,000 members, the ABA provides law school accreditation, continuing legal education, information about the law, programs to assist lawyers and judges in their work, and initiatives to improve the legal system for the public.
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