4 Things To Know About Chapter 7 Bankruptcy

Posted on: 9 August 2021

Are you feeling confused at the different forms of bankruptcy, and not sure what makes Chapter 7 bankruptcy so different? Here are a few key things you should know about this form of bankruptcy if you are considering filing. Chapter 7 Bankruptcy Discharges Unsecured Debt There are certain situations that can trigger the need to use Chapter 7 bankruptcy for the quickest relief possible. It is mainly to discharge unsecured debts that do not have collateral or property attached to the debt.
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Six Things To Think About Before You File Chapter 7 Bankruptcy

Posted on: 2 January 2020

Choosing to file for bankruptcy means making a big choice in your life that you need to think through carefully. A bankruptcy filing affects your finances now and well into the future, so you want to make sure you're considering all the pertinent factors before deciding on whether and how to file for bankruptcy. The following are six things to think about before you file chapter 7 bankruptcy: Whether you're eligible for chapter 7 bankruptcy
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Figuring Out Your Divorce Timing When You Want To File Bankruptcy

Posted on: 2 August 2019

If your marriage is ending and you are on the brink of financial disaster, you may be considering bankruptcy attorney services. When both parties want to file for bankruptcy, it can be easier to file your bankruptcy paperwork before the divorce because you can file together. Any marital debts that can be discharged will be, and separating any debts or assets that are left will be cleaner. Filing together also allows you to pay one filing fee, and will prepare you for the divorce ahead.
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Effects Of Bankruptcy On Your Credit

Posted on: 8 January 2019

Before you rush into filing for bankruptcy, it is very important for you to take the time you need to fully understand what bankruptcy is, how it will help you, and the ways it could affect your credit. Bankruptcy will affect your credit, and the effects can last for years; however, what you do with your credit after bankruptcy will also have major effects on your credit. Why bankruptcy affects credit
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