Rising interest rates and declining house prices may likely push consumer bankruptcy filings to pre-reform levels by 2007. The uptick is already being felt by consumer bankruptcy attorneys who report filings have increased significantly in the third quarter and will likely remain strong through the fourth quarter. A recent survey of 700 members of the National Association of Consumer Bankruptcy Attorneys found that more than two-thirds reported that bankruptcy filings were up in the third quarter, compared to the first half of the year. But, the NACBA says the new bankruptcy laws are creating more paperwork hassles and higher expenses for already cash-strapped consumers. More than three quarters of bankruptcy attorneys said that the time involved in preparing a bankruptcy filing has gone up by 50% or more. The NACBA also noted that contrary to what proponents of the law projected, fewer than a third of bankruptcy attorneys are seeing an increase in forced Chapter 13 repayment filings. For more information visit: “http://www.thehastingsgroup.com/NACBASurvey/Summary.html”:http://www.thehastingsgroup.com/NACBASurvey/Summary.html.