Terms To Know If You Want To File For Bankruptcy

Posted on: 26 August 2021

The first time you file for bankruptcy, you might have questions about the process. You might also have questions about common terms that you hear with a bankruptcy case. Learning the common terms of bankruptcy can help you understand how it works. Here are some of the most common terms to know if you are getting ready to file for bankruptcy. Qualifying Debts vs. Nonqualifying Debts The first set of terms you might hear are qualifying debts and nonqualifying debts.
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How Soon Is Too Soon To Declare Bankruptcy?

Posted on: 10 March 2021

Declaring bankruptcy means committing to a certain prescription for the financial issues you're facing. It might feel like it's too soon to declare, or it might feel like you should have filed months ago before things got worst. Confronting this ambiguity can be distressing. However, a bankruptcy attorney will tell their clients to look at a few specific factors regarding how quickly they should proceed. Now It's always tempting for a bankruptcy lawyer to tell a client that now is the best time to file.
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4 Tips To Help You If You Want To File For Chapter 7 Bankruptcy

Posted on: 28 July 2020

Deciding to use Chapter 7 bankruptcy is not a decision you should rashly make. It is a big decision, and you should evaluate it thoroughly. Once you decide to file, it might help you to research it as much as possible to educate yourself on how it works. As you prepare to file, here are four tips to help you get through your case. 1. Make Sure You Include All Your Debts
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How To Get Yourself Back On Track After Filing For Bankruptcy

Posted on: 26 July 2019

Many people make the mistake of assuming that they will struggle financially even after they file for bankruptcy and that the bankruptcy will almost ruin their financial future. This is simply not the case, at least not anymore. If you want to make sure that you are going to be able to get back on track and stay on the right financial path, you will want to take a look at the following tips.
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