Every year, more than a million people file for bankruptcy. This book provides a clear and complete overview of the bankruptcy process, explains the repercussions of filing for Chapter 7 bankruptcy and includes step-by-step instructions and all the forms necessary to file. It clearly outlines what debts can and cannot be eliminated in bankruptcy, what property debtors risk losing, how to protect assets and rebuild credit and how to deal with aggressive credit card companies seeking speedy credit repayment. State-by-state exemption tables included. The completely updated eighth edition discusses discharging debts such as credit cards and taxes, removing liens on property, property exemptions and more. It also includes material on filing for bankruptcy fraudulently.