Prior to October 17, 2005, consumers who filed for bankruptcy had the choice to file for Chapter 7 or Chapter 13; when the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) took effect on October 17, 2005, that choice ceased to exist and consumers now must pass the "means test" in order to file for Chapter 7 bankruptcy protection.
Although it was a little bit frightening at first, the new bankruptcy law was not that much of a hassle. I was expecting a lion, and what I found was a lamb.
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