Bankruptcy Secrets
Charitable Donations Loophole
This new bankruptcy law provides precious few loopholes but here is one potential loophole that just might be of use to you, particularly if you can find a clever bankruptcy attorney.
Under the new law up to 15% of your income can be given to a charity. If your income is too high to qualify for a Chapter 7 bankruptcy, here is a way you might bring it down to below the threshold and get the Chapter 7 debt relief you desire. Once again - ask your attorney for guidance.
