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Posted on Jun 17, 2020
Bankruptcy is a legitimate tool for consumers to protect themselves and restore financial stability. At the same time, people who file for bankruptcy often hesitate to talk about it out of shame or ...
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Posted on Apr 15, 2020
In the 1934 Supreme Court case Local Loan Co. v. Hunt, the court wrote that bankruptcies exist to give “a new opportunity in life and a clear field for future effort, unhampered by the pressure ...
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Posted on Feb 15, 2020
If you file for a Chapter 7 or a Chapter 13 bankruptcy, there is a chance that you may be audited by the U.S. Trustee's office. If the office discovers that you have lied or provided inaccurate ...
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Posted on Apr 11, 2019
There are different types of bankruptcy which address specific types of situations a person or business might face. Businesses will mostly like need to file for a Chapter 11 bankruptcy. However, those ...
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Posted on Feb 26, 2019
Every type of bankruptcy requires a significant amount of preparation. Your future depends on an accurate bankruptcy filing, so educating yourself on mistakes frequently made during the process can ...
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Posted on Dec 6, 2018
Bankruptcy is a charged word. And like any charged word, it's packed with images and fears that may not be true—but they certainly feel true. "Filing for bankruptcy is difficult!" ...
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Posted on Oct 10, 2018
If you find yourself if in debt, then you know how debt collectors use underhanded, aggressive tactics to get you to pay your debts. Collection agencies are relentless—and in some cases, ...
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Posted on Aug 3, 2018
For year, we have associated bankruptcy with debt, moral failure, and other negatively-charged subjects. As economic experts prepare us for an international trade war, people every day are considering ...
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Posted on Jun 18, 2018
When we file for bankruptcy, we drastically cut back on our spending habits. With the help of the bankruptcy court, we create a strict budget and learn how to spend the bare minimum until your debts ...
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Posted on Apr 11, 2018
These days, more seniors are working than ever before. By 2024, experts expect the number of 65- to 69-year-olds in the workplace to grow to 36 percent (up from 22 percent in 1994). The reasons for ...
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Posted on Feb 14, 2018
After a dismissed case, refiling for bankruptcy can be a challenging task; despite this, achieving a successful declaration of bankruptcy may be the only viable option you have left. However, before ...
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Posted on Jan 10, 2017
Often, when people are having significant debt problems, they fall behind on their credit cards, auto loans, and sometimes their rent or mortgage. Debtors may also be late on their cellphone bill, ...
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Posted on Dec 20, 2016
Most people who consider filing Chapter 7 or Chapter 13 bankruptcy ask, "How will filing bankruptcy affect my credit score?" Although a bankruptcy is a negative mark on your credit report, ...
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Posted on Dec 6, 2016
During the holidays, bankruptcy attorneys are less busy than usual. Debtors don't want to deal with the stress of filing bankruptcy during what's supposed to be a cheerful holiday season, ...
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Posted on Nov 15, 2016
Debt can affect people emotionally and even physically. If you can't pay your car payment or your mortgage, you may start wondering, "Will the lender repossess my car?" Or you may stay ...
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Posted on Nov 1, 2016
If you're on Social Security Disability, or if you're receiving your Social Security retirement benefits and you're having financial trouble, you may wonder, "Can creditors garnish my ...
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Posted on Oct 18, 2016
Are you struggling to make ends meet? Do your regular bills exceed your monthly income? If you are having financial problems and it seems like there is no end in sight, you may want to consider filing ...
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Posted on Oct 4, 2016
Are your monthly bills more than your monthly income? Have you stopped paying on your credit cards so you can have money for basic necessities, such as gasoline, food, and housing? If your answer is ...
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Posted on Sep 20, 2016
In the vast majority of cases, when an individual or a married couple ends up in overwhelming debt, they arrived there due to circumstances that were beyond their control, such as a sudden job loss, a ...
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Posted on Aug 30, 2016
If you have student loan debt and you're having difficulty meeting your financial obligations, you may be wondering, "Can I include my student loans in bankruptcy?" Except in very ...
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