Federal Agencies Struggle to Keep up with Bankruptcy Reform Filing Changes
See Amy Crane's - Yahoo Finance article, "New bankruptcy law requires credit counseling"
Of particular interest to bankruptcy attorneys is that, "Provisions in the new bankruptcy law mandate credit counseling before a bankruptcy can be filed and a personal financial management seminar (debtor education
"Federal agencies, courts, attorneys and credit counseling agencies are scrambling to comply with the many changes in this new law" - Amy Crane
I'm speaking with Bankruptcy Attorneys across the country, on a daily basis, who are saying, "I don't see how I could manage filing for a client once the law changes, without...(hiring more staff, hiring a tax attorney, etc)". Attorneys are coming to grips with what is ahead and are realizing that it will be a daunting proposition just to weed through the tax forms to calculate the means test, much less to determine where to send their client for credit counseling.
When building StartFreshToday's new online filing tools, we foresaw that this rapid change would be a headache for those in the court system as well as the attorneys, which is why we have created an interface for the attorneys AND the trustees to co-manage and preview client filings in an effort to keep the whole process under the BAPCPA regulations as seamless as possible.
StartFreshToday's tools handle the bankruptcy means test, credit counseling certification, debtor education and an attorney's due diligence requirements all in one secure place. And all through a simple walkthrough format that lets attorneys save as they go, return as often as necessary, track filing status and navigate the new law without sifting for answers amidst a stack of the latest version of Federal BAPCPA documents.
