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Bankruptcy Information

Chapter 7 Bankruptcy – What is the Truth?

Chapter 7 Bankruptcy The Truth

So You Want to Know What is the Truth About Chapter 7 Bankruptcy I’m not afraid to be open with you so let me just come out and say, most of the bad things you’ve heard about chapter 7 bankruptcy are not factually correct. Most of the junk I’ve read online is designed more to steer you away from bankruptcy ... Read More »

How Long After Bankruptcy Can I Buy a House?

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How long after bankruptcy can I buy a house? Well there is a question that people often want to know. They assume they will not be able to buy a home or get a mortgage after bankruptcy but that’s just not true. The reality is most people that claim you can’t get a mortgage after bankruptcy, don’t know what they ... Read More »

Bankruptcy – Latest Bankruptcy News – Bankruptcy

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The Latest Bankruptcy News Here is a listing of the latest bankruptcy news from around the United States. These links will give you information about the latest breaking news. Wall Street Journal Bankruptcy News Google News Bing News Reuters News PR Newswire Read More »

Bankruptcy Filings Spike With Tax Refunds

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A recent paper from the National Bureau of Economic Research has found that tax refunds create a spike in bankruptcy filings by as much as 7 percent. The reasoning behind this spike is due to households needing to file bankruptcy but not having the cash on hand to actually declare bankruptcy. The tax refunds actually help to fund that process. ... Read More »

I Just Filed Bankruptcy and I’m Out of Debt, Now What Should I Do?

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I noticed someone had recently searched for information the other day about what do to once they were out of debt. An excellent question and probably one I take for granted far too often. Getting out of debt generally involves digging yourself out or some sort of intervention like bankruptcy. The entire experience can often teach you important life lessons ... Read More »

Bankruptcy in Florida

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Bankruptcy is processed and treated differently in each state of the United States of America. With the economy being less than favorable, numerous people have been contemplating about the decision of declaring bankruptcy in Florida; however, since the laws of each state are different, it is important to be able to first understand the legality of declaring bankruptcy in Florida. ... Read More »

Filing for Bankruptcy

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Filing for bankruptcy is indeed an arduous process that requires you to be acquainted with all the specifics in order to get everything right from the onset. With all its ups and downs, it can help you stop foreclosures and block creditors from harassing you as you try to build your finances. Below are tips to help you wade through ... Read More »

Bankruptcy in Michigan

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Declaring bankruptcy in Michigan can be quite stressful depending on the type of familiarity that one has with the legal system in the area. Depending on the amount of assets that one has on hand and the type of properties that are considered as exempt from the declaration of bankruptcy, those who are on the fence will want to either ... Read More »

File Bankruptcy — But Keep Your Car for Much Less Than You Owe

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The following article was submitted by Attorney Steven Elmer from 722Redemption.com to help people learn how it may be possible to keep their car or truck after bankruptcy for far less than the current amount owed. In Chapter 7 bankruptcy, debtors have three main options regarding financed personal property items. They can surrender, reaffirm, or redeem the item. When choosing ... Read More »

How to Find a Bankruptcy Attorney In Your Area

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It can be tough to find a good bankruptcy attorney. It is an unfortunate fact that some bankruptcy attorneys are not very honest in their dealings with clients. For this reason, you need to be careful to work only with a reputable bankruptcy attorney. The difference between a reputable bankruptcy attorney and a disreputable one is like the difference between ... Read More »

File for Bankruptcy

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Types of Bankruptcy It is important for people to determine the type of bankruptcy that they need to file according to their current financial situation. They can have a systematic and successful bankruptcy case when they are aware of the requirements and procedure for the particular case that they plan to file. Chapter 7 Bankruptcy This involves the total liquidation ... Read More »

Declaring Bankruptcy

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Any decision of declaring bankruptcy may seem like a traumatic event, but it is often the most logical choice to deal with problem debts. As it is a very personal decision, therefore one should take time and understand all the facts before making any move in this. Bankruptcy has not been designed as an “easy way out” of debt. It ... Read More »

Bankruptcy Information

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When a person gets under so much debt that it becomes unmanageable then it becomes necessary to look for bankruptcy information and advice. There are advantages and disadvantages of declaring bankruptcy and it is important to know both sides of the coin. There are some benefits of filing bankruptcy that cannot be underestimated. For example, a debtor completely gets out ... Read More »

Bankruptcy Means Test

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In case you find yourself deep into debts, filing for bankruptcy could be one of the best options to consider and especially if you know that you cannot be able to repay your debts on time. There are various things that one should understand however before filing for the process as this will help you understand your position as far ... Read More »

What is Chapter 7 Bankruptcy?

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Bankruptcy is a procedure that gives an individual a fresh start financially and Chapter 7, also referred to as “straight bankruptcy” or liquidation is a bankruptcy provision that permits the debtor to be able to pay off their personal debts by selling their assets and then using their proceeds among their creditors thereby freeing one from their debts. A court ... Read More »

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