Category : Bankruptcy : Business & Finance

What Is Consumer Bankruptcy?

Bankruptcy
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Bankruptcy in the United States is when a person or organisation falls into debt to such an extent that that it looks as though there is no prospect for them to return to a state of solvency. The law requires that they have their affairs placed in the hands of a bankruptcy trustee in order that the

Debt Negotiation Vs. Debt

Bankruptcy
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Choosing between negotiating, or settling, your debts and making minimum payments but salvaging your credit is a difficult situation, with pros and cons to each. The choice that works best for you depends on the behavior that resulted in the debt and whether you will soon need to apply for another l

How Bad Is Chapter 13?

Bankruptcy
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In the big scheme of personal bankruptcy filings, Chapter 13 proceedings are the lesser of two evils. This form of bankruptcy has distinct advantages over Chapter 7, which is a complete liquidation of assets and total bankruptcy. Debtors who file for Chapter 13 protection don't get out of their fina

Hawaii Bankruptcy Information

Bankruptcy
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Crushing medical or credit card debt, job loss, or looming foreclosure or repossession can drive a person to file for bankruptcy. If you are a resident of Hawaii experiencing any of these problems and feel you need to file for bankruptcy, you must do so in the United States Bankruptcy Court Distric