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Month: January 2016

What are the alternatives to Chapter 7 bankruptcy?

Chapter 7 bankruptcy involves the selling off of assets (except for those that qualify for exemption) in order to pay back debtors. Under Chapter 7, your creditors will receive as much money as they can from the proceeds of your assets being sold. Any debts left over...

How do I know if bankruptcy is right for me?

The decision to go into bankruptcy is not a very hard one to make if you analyze all the facts of your financial circumstances carefully. It is usually a simple matter of economics: Will the monetary savings I receive from bankruptcy be worth it to me in the end? A...


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