Category Archives: Chapter 13 Bankruptcy
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Most of us know that credit card debt is a leading factor in bankruptcy, and that a $5 impulse purchase put on a credit card can wind up costing many more times that amount as interest accrues. But as Americans, we have long believed that owning our own home is our birthright and that borrowing… Read More »
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If you have tried to settle your debts without success and feel hopelessly burdened by bills you can no longer pay, Chapter 7 bankruptcy offers a way to eliminate most or all of your unsecured debt. In order to obtain this protection, you ordinarily need to pass a “means test” — a calculation based on… Read More »
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Once you have made the decision to file for bankruptcy, you probably feel like a great weight has been lifted off your shoulders. After all, you’ve chosen a path that will help you and your family get a fresh start. You will no longer be afraid to answer the phone or go to your mailbox,… Read More »