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  • Assigning Value To Your Jewelry For Bankruptcy Purposes

    A bankruptcy filing can create freedom from debt but that debt relief might come at a price. Not all filers end up losing property through a chapter 7 filing, but you must understand what is at stake and the full consequences of a filing before you make that move. Read on to find out more about losing property and about valuing your jewelry for bankruptcy purposes. The Liquidation Aspect of Bankruptcy
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  • Why Credit Counseling Is Required And Beneficial When Filing For Chapter 7

    When you make the tough decision to file for Chapter 7 bankruptcy, your lawyer will talk to you about completing a credit counseling course before you actually sign and file the paperwork for your case. Additionally, you will have another course you must take after you file the paperwork for your case. Both courses are required for all individuals who file, but you can benefit greatly through these courses if you take them seriously.
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  • Is It True You Can't Pay Off A Chapter 13 Bankruptcy Plan Early?

    It can take up to 5 years to complete a chapter 13 payment plan, and anything can happen to your finances in that time period. For some people, this means receiving temporary or permanent increases to their income. However, if you're hoping to use the extra money to pay off your chapter 13 plan and end your case early, here's why that may not be possible. More Income Equals Increased Payments
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  • Under Oath And On The Spot: Bankruptcy Questions

    If you are declaring a chapter 7 bankruptcy, you will be required to appear at a creditor's meeting at some point after you file and before the final discharge. This meeting will almost assuredly be quick and uneventful, but part of it will involve you responding to questions from the bankruptcy trustee and sometimes your creditors. You can prepare yourself by reviewing some of the most common questions asked below.
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  • Up Against the Financial Wall? Why Bankruptcy Is a Great Choice

    Out of all of the situations that you can encounter in life, financial matters can be some of the most difficult to deal with. When you have racked up so many bills that you wonder how you'll make ends meet, it's hard to see the silver lining of the gray clouds that seem to surround you. If you're currently knee-deep in debt, it might seem as though you'll never find your way out.
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  • Can Bankruptcy Help Eliminate Student Loans?

    Getting a college education is an important part of life, and a lot of people end up turning to student loans in order to pay for the tuition. If you took out student loans years ago when you went to college and are now struggling to pay your bills, you might want to find out if filing for bankruptcy would help eliminate the student loan balances you still have. Here are several things you should understand about bankruptcy and student loan debts.
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  • Things You Should Know About Bankruptcy

    Being overwhelmed by debts can be a stressful situation to find yourself facing. While it may seem as though escaping this problem will be hopeless, there are protections in place to help individuals that are experiencing an overwhelming amount of difficulty in paying their previous debts. Know That Not All Debts Can Be Discharged Through Bankruptcy Bankruptcy is one of the more effective options for those that need protection from their creditors.
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  • 3 Things You Need To Understand About How Bankruptcy Really Works

    Bankruptcy is a great tool that can help you out if you are in debt and are unable to handle all of the debt that you have accumulated. However, you need to make sure that you understand the full implications of filing for bankruptcy and how it will affect you long-term. #1 Bankruptcy Stays With You When you file for bankruptcy, it is important to remember that this information is going to stay with you for a while.
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  • Better Days Ahead: Bankruptcy Recovery And You

    The decision to declare bankruptcy can be a tough one, and it's easy to see why. You probably know that your ability to use credit will be affected for many years to come, but you may be uncertain about other negative effects of a chapter 7 bankruptcy filing. It could help you to have a better understanding of how to deal with your financial situation after a bankruptcy, so read on.
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  • Things You Should Know If You Are Facing Foreclosure On Your Home

    Whether it was an unexpected change in employment, health issues that led to expenses, or an alteration in personal circumstances that put you in this position, facing foreclosure on your home can be incredibly scary. After years of working hard to pay for a home of your own, you face the possibility of seeing all of your money, time, and personal investment into the property you reside in being taken away.
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