Category : Bankruptcy : Business & Finance

Bankruptcy Application

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Some people feel that the professional charges would further burden them because they are already debt ridden. But this does not seem to be logical thinking because the individual will not be conversant with the law and if he approaches the court directly, he may not get the desired remedy.

Types of Personal Bankruptcies

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The U.S. bankruptcy system is covered by federal laws that are known collectively as the Bankruptcy Code. There are four types of bankruptcy that involve individuals rather than organizations. Each of these types is commonly known as a particular chapter, based on the section of the Bankruptcy Code

How to Negotiate With the Original Creditors After an Account Has Been Turned Over to Collections

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Negotiating with an original creditor after an account has been turned over to collections can possibly save you money. Debt negotiating involves proposing a settlement offer to settle a debt for less than you owe. Some creditors sell bad debts to third-party debt collectors, wherein you're unable t