Explaining Chapter 7 Bankruptcy
by Scott Goodman.The term "Chapter 7 bankruptcy" is a term that is thrown about a great deal in the media, but clear and concise explanations of the term are usually not offered. Because of this, there is some confusion of what exactly chapter 7 bankruptcy actually i...
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Financing After Bankruptcy
by Christina Costa.Bankruptcy can be the worst item to have on your credit report. No matter what the circumstance that led you to file, it doesn't make a difference. It shows lenders that you were unable to pay off your debt. This will stay there for ten years and it ...
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Business Benefits of Bankruptcy
by Uchenna Ani-Okoye.Sometimes, the formal and legal declaration of personal bankruptcy is the best way to go when you're 'snowed under' with bills, and you just can't see your way clear to survive.Actually, bankruptcy allows you to make a fresh start. Generally, it tak...
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Credit Report After a Bankruptcy
by Mike Clover.Your credit report after a bankruptcy will look like a bomb was dropped on it. Your credit score report will be littered with all kinds of derogatory information. Depending on what type of bankruptcy you filed will determine how long it will take to ...
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Bankruptcy Questions for You
by Joseph Then.I don't know about you but I hate it when I have questions that go unanswered. This is especially frustrating when you are in dire situation and you need to seek for answers to your problems.Well if you have answers regarding bankruptcy, you have com...
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Bankruptcy - The Ultimate Debt Solution?
by Thomas Heath.At first glance, bankruptcy may appear to be an easy way out of debt problems, but is it the only answer? What is the real cost of bankruptcy? Before considering bankruptcy, there are a multitude of factors that must be considered, many of which are ...
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Chapter Thirteen Bankruptcy
by Jared Myers.Chapter 13 bankruptcy is referred to as the Wage Earner's Reorganization. It allows the wage earner to use his income to repay his creditors over a specified time period. To accomplish this, the court creates a payment schedule, whereby the wage ea...
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Chapter 11 Bankruptcy
by Jared Myers.Chapter 11 bankruptcy has also been termed "Re-organization bankruptcy". It's the most familiar type of insolvency in the United States. It is typically used in large organizations or businesses dealing with financial crisis. But it is also util...
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Personal Bankruptcy
by Jared Myers.When searching through the Internet, you will often see advertisements for personal bankruptcy aid, but how do you know the best choice to make for your situation? This article will give you valuable tips on making the best choice for yourself.Person...
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