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Bankruptcyfact's Blog


bankruptcy, file personal bankruptcy
 
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Choosing the right bankruptcy lawyer

By Debbie Joneta at 2010-04-07 04:24:28
While sometimes the debtor can handle his cash crunch situation, there are cases of extreme debt where the professional services need to be hired. Bankruptcy lawyers are a specialized bunch of people who can help when a foreclosure on your property is inevitable. They also help when the situation gets out of hand in terms of creditor harassment. They help in finding legal and valid solutions to help you out of the situation. If not, to at least ease the problem a bit.

Since your bankruptcy la
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Certain facts about filing for bankruptcy

By Debbie Joneta at 2010-04-07 04:06:42
Filing for bankruptcy can be a scary thought in itself. The whole process can be a bit unnerving and you may have several doubts. There are some common questions that most people have. Some of them may be considered irrelevant in the face of bankruptcy. However, the answers to them can set one’s mind a sort of peace.

Considering that uncertainty is a part of filing for bankruptcy, one of the most common questions asked is how many times can a person file for bankruptcy? When it comes to fil
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What type of individual bankruptcy can one file for?

By Debbie Joneta at 2010-04-07 03:58:06
When it comes to filing for bankruptcy for individuals, the choice is often between Chapter 7 and 13. They are titled chapters since each one outlines the purpose as well as terms and conditions under which one can file for bankruptcy under it.

A general opinion on bankruptcy summarizes what Chapter 7 is all about. A trustee or a caretaker is appointed to overlook all your assets. Some of it will have to be handed over to the trustee. He in turn will sell this off to repay part of your debt.
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