Past-due notices and creditor calls can push you to take drastic steps to settle your debts. But should you work with a debt consolidation company, or talk to a bankruptcy attorney? It turns out, many debt relief services don’t live up to their adv…
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Once you decide to file for bankruptcy, you may want it finished as soon as possible so you can begin rebuilding your credit. But the process of filing bankruptcy takes time. How long a Michigan bankruptcy takes depends on whether you are filing unde…
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If you are considering filing a Chapter 7 bankruptcy, you need to know what will be expected of you along the way. This Chapter 7 bankruptcy timeline will explain your part in the bankruptcy process, from start to finish. That way, you’ll know what…
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Everywhere you look, there are constant advertisements to “get you out of debt” through bankruptcy, refinancing, and other debt consolidation methods. Still, nearly three quarters of Americans live with debt. Understanding how the different types…
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Individuals and families who file Chapter 7 bankruptcies have often been forced to sell their cars to repay their debts, or had the vehicles repossessed for non-payment on their car loan. That can make getting to work challenging, especially in Metro…
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Medical debts, unpaid credit card balances, and mortgage payments can get out of control and leave you looking for a way out. If you are depending on a bankruptcy to discharge your debts, you will need to qualify under the Chapter 7 means test. But e…
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The aim of any bankruptcy is to give debtors a fresh start and allow them to set down the weight of past mistakes or events outside their control (like medical debts). Unfortunately, sometimes the hits keep coming even after the bankruptcy is over. N…
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There’s a lot of misinformation out there about debt, credit, and bankruptcy. Learn the facts about bankruptcy to help you sort out the truth from some common bankruptcy myths. Myth: Bankruptcy is Only for Spendthrifts Fact: Most Bankruptcies are C…
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If you are considering bankruptcy, you may be worried that doing so will destroy your nest egg and leave you without funds to pay for your retirement. Find out how Chapter 7 and Chapter 13 bankruptcy treats retirement assets and income, and what to d…
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The process of filing for bankruptcy involves a lot of paperwork. Knowing what documents are needed to file a Chapter 7 or Chapter 13 bankruptcy can save you a lot of time and trips to the lawyer’s office. Here is a bankruptcy filing checklist of d…
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