Replies to post #1416 on Superwipes, Inc. (fka SPWP)

[Buffalobill91]

The bankruptcy law changes will go into effect on oct 17 2005 they are to the best of my knowledge for personal chap7 ad chap13 bankruptcy and will not have any effect on corporations or corporate bankruptcy.. for a person to file bankrupty without have to go through the new hoops you will need to make less than 18762 for 1 person 39343 for family of 2 47115 for family of 3 or 53165 for 4 or more in the household...
otherwise you have to take a mandatory financial coundeling course and go to mandatory consumer credit counseling

nothing has anything to to with corporations as far as I can see... im sure the government will work on that one next

[Buffalobill91]

I gave you some wrong info....there is a change in the bankruptcy law on monday for corporations too... --but it just concerns the amount of time that they have to reorg in a chap-11 and gives execs less ability to keep anything after the company goes under...