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Chapter 7 bankruptcy is an opportunity for people who are in challenging financial situations to get a second chance. By wiping out most debt, those who go through bankruptcy are able to start over anew and build back their financial life over time. One of the biggest benefits of Chapter 7 bankruptcy is that petitioners […]

Creditors sometimes file lawsuits against borrowers who are unable to repay their debts on time. When this happens, creditors seek relief in civil court, which will come in the form of a judgment. Many people who have judgments entered against them wonder what happens if a creditor sues them while they are in the process […]

In July of 2013, Detroit filed for Chapter 9 municipal bankruptcy. The $18 billion bankruptcy case was the largest one of its kind in the history of the United States. After thriving as the auto-making capital of the U.S. for decades, the city began to decline significantly over the years. Detroit was the fourth-largest city […]

Filing for bankruptcy can be a humbling and intimidating process. It can also be very confusing if you've never done it before. Many people will realize that they are in financial trouble and conclude that bankruptcy is a good option for them. However, they may not know how to approach the process or when things […]

Bankruptcy is seen as a last resort for many people, but it can also provide a chance to start over financially if you're in a tough economic situation. Chapter 7 bankruptcy will erase or "discharge" certain debts. However, people often confuse exactly what Chapter 7 bankruptcy entails, and what types of debt are dischargeable and […]

Individuals who find themselves in financial turmoil may consider turning to bankruptcy for a fresh start. Bankruptcy can provide a lifeline to individuals who are strapped under mountains of debt, giving them a second chance to start anew from a financial perspective. But, is bankruptcy really a fresh start? Let's take a look at some […]

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s.

Lorem Ipsum is simply dummy text of the printing and typesetting industry.