Category Archives: Consumer Bankruptcy
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Personal bankruptcy can become necessary for a variety of reasons. People who have not gone through it often wrongfully assume that bankruptcy is always the result of overspending and financial mismanagement. However, the fact of the matter is that most people are only one run of bad luck away from a potential bankruptcy no matter… Read More »
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One of the first things people often ask is how long the bankruptcy process takes. This is a major concern. Many people have the impression that it is a very lengthy process based on the character of the legal system in general. Others base their beliefs on news reports about complex corporate bankruptcies that can… Read More »
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Filing for bankruptcy is very helpful for eliminating debt but it is also harmful to your credit. We explain to our clients that rebuilding good credit is important even though we encourage them to stay away from incurring new debt. Following are some of the ways you can rebuild your credit after bankruptcy: Pay your… Read More »