New Law

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#006699" TEXT="#080000" background="22dfd5a3.jpg"> <div> Wells of Justice<FONT SIZE="2" COLOR="#000000" FACE="Times New Roman" >     |     </FONT><FONT SIZE="2" COLOR="#FFFFFF" FACE="Times New Roman" ><A HREF="index.htm" TARGET="_top" TITLE="Wells of Justice"><U>Home</U></A></FONT></div> <div> <A HREF="purpose.htm" TARGET="_top" TITLE="Our Purpose"><U><B>Our Purpose</B></U></A><B>   |   </B><A HREF="cases.htm" TARGET="_top" TITLE="Cases"><U><B>Cases</B></U></A><B>   |   </B><A HREF="decisions.htm" TARGET="_top" TITLE="Court Decisions"><U><B>Court Decisions</B></U></A><B>   |   </B><A HREF="bpps.htm" TARGET="_top" TITLE="Bankruptcy Petition Preparers"><U><B>Bankruptcy Petition Preparers</B></U></A><B>   |   </B><A HREF="victims.htm" TARGET="_top" TITLE="For Victims"><U><B>For Victims</B></U></A><B>   |   </B><A HREF="articles.htm" TARGET="_top" TITLE="Articles"><U><B>Articles</B></U></A><B>   |   </B><A HREF="letters.htm" TARGET="_top" TITLE="Letters to Public Officials"><U><B>Letters to Public Officials</B></U></A><B>   |   </B><A HREF="info.htm" TARGET="_top" TITLE="Information"><U><B>Information</B></U></A><B>   |   </B><A HREF="reports.htm" TARGET="_top" TITLE="Reports"><U><B>Reports</B></U></A><B>   |   </B><A HREF="rockford.htm" TARGET="_top" TITLE="About Rockford"><U><B>About Rockford</B></U></A><B>   |   </B><A HREF="sitemap.htm" TARGET="_top" TITLE="Site Map"><U><B>Site Map</B></U></A><B>   |   </B><A HREF="links.htm" TARGET="_top" TITLE="Informative Links"><U><B>Informative Links</B></U></A><B>   |   </B><A HREF="contact.htm" TARGET="_top" TITLE="Contact"><U><B>Contact</B></U></A></div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFCC66" TEXT="#080000" background="22ed2043.jpg"> <div> COMMENTARIES AND ARTICLES</div> <div> <I><B>New! </B></I></div> <div> <A HREF="shambles.htm" TARGET="_top" TITLE="Shambles"><U><B>Bankruptcy Law In Shambles</B></U></A></div> <bR> <div> <I><B>Recently Added!</B></I></div> <div> <I><B>"</B></I><A HREF="clubbf.htm" TARGET="_top" TITLE="Club"><U><I><B>The Bankruptcy Club</B></I></U></A><I><B>" </B></I><B>Excerpt From </B></div> <div> <B> "</B><I><B>HOW TO BE AN ENTREPRENEUR WITHOUT GOING TO JAIL" </B></I><B>by Jack H. Knox</B></div> <bR> <div> <A HREF="slavery.htm" TARGET="_top" TITLE="slavery"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Bankruptcy - Illegal Slavery </B></U></A></div> <DIV ALIGN="LEFT"></DIV> <div> <B>Predecessors of JP Morgan Chase Bank, parent company of Bank One, tied to Slavery</B></div> <div> <A HREF="newlaw.htm" TARGET="_top" TITLE="New Law"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Congress Passes New Bankruptcy Law</B></U></A></div> <div> <A HREF="courting.htm" TARGET="_top" TITLE="courtingfailure"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Courting Failure</B></U></A></div> <div> <A HREF="chgoclerkemb.htm" TARGET="_top" TITLE="chgoclerkemb"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Courtroom Deputy Accused of Embezzling Debtors</B></U></A></div> <div> <A HREF="asset_cases.htm" TARGET="_top" TITLE="Assets"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Distribution of Assets In Chapter 7 Cases</B></U></A></div> <div> <A HREF="bribery.htm" TARGET="_top" TITLE="Clerk"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Bankruptcy Court Clerk Convicted Of Bribery</B></U></A></div> <div> <A HREF="bankruptcy_attorneys_speak_out.htm" TARGET="_top" TITLE="Bankruptcy Attorneys Speak Out"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Bankruptcy Attorneys Speak Out</B></U></A></div> <div> <A HREF="fake.htm" TARGET="_top" TITLE="Fake"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Federal Employees With Fake College Degrees</B></U></A></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0"> </B><FONT SIZE="2" COLOR="#000099" FACE="Times New Roman" ><A HREF="cyveillance.htm" TARGET="_top" TITLE="Cyveillance"><U><B>Who Is Paying Cyveillance To Monitor This Web Site?</B></U></A></FONT></div> <div> <A HREF="assent_by_silence_.htm" TARGET="_top" TITLE="Corruption of the Judical System"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Corruption of the Judicial System</B></U></A></div> <div> <A HREF="corruption.htm" TARGET="_top" TITLE="Corrupt Beyond Recognition"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">American Legal System Is Corrupt Beyond Recognition</B></U></A></div> <div> <A HREF="trustee_sentenced.htm" TARGET="_top" TITLE="TRUSTEE SENTENCED FOR CORRUPT ACTIVITIES"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Trustee Sentenced For Corrupt Activities</B></U></A></div> <div> <A HREF="hyde.htm" TARGET="_top" TITLE="Hyde"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Congressman Hyde's Statement Before The Judiciary Committee</B></U></A></div> <div> <A HREF="sensenbrenner.htm" TARGET="_top" TITLE="Sensenbrenner "><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Involuntary Bankruptcy Improvement Act of 2003</B></U></A></div> <div> <A HREF="disbarred.htm" TARGET="_top" TITLE="Disbarred"><U><B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Lawyer Pursuing Justice is Disbarred </B></U></A></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc99000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0"> </B><A HREF="vote_no.htm" TARGET="_top" TITLE="CLR"><U><B>Vote No For Lawyers</B></U></A></div> <bR> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>New Law</I></div> <div> <B>CONGRESS PASSES NEW BANKRUPTCY LAW</B></div> <div>  %%           </div> <div> Key Features of Bankruptcy Legislation </div> <div>                              </div> <div> <IMG BORDER="0" SRC="Symb075c00b7011800000000.png" HEIGHT="19" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Sets  a new means test for measuring a debtor's ability to repay. </div> <bR> <div> <IMG BORDER="0" SRC="Symb075c00b7011800000000.png" HEIGHT="19" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Require people filing for bankruptcy to pay for credit counseling. </div> <bR> <div> <IMG BORDER="0" SRC="Symb075c00b7011800000000.png" HEIGHT="19" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Give top priority to a spouse's claims for child support among creditors' claims on a debtor in bankruptcy. </div> <bR> <div> <IMG BORDER="0" SRC="Symb075c00b7011800000000.png" HEIGHT="19" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Allow for special accommodations for active-duty service members, low-income veterans and those with serious medical conditions in the new income test for bankruptcy applicants. </div> <bR> <div> <IMG BORDER="0" SRC="Symb075c00b7011800000000.png" HEIGHT="19" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Restrict a state's homestead exemption to $125,000 if the person in bankruptcy bought his or her residence less than three years and four months before filing. </div> <bR> <div> <IMG BORDER="0" SRC="Symb075c00b7011800000000.png" HEIGHT="19" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Give Wall Street investment firms the right to work for a company both before and after it files for bankruptcy, a provision opposed by Securities and Exchange Commission Chairman William Donaldson. </div> <bR> <bR> </td> 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