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Bankruptcy and Newlyweds

There are many advantages that come with being married. For instance, now that you are married you have the option to file a joint bankruptcy with your spouse and discharge your debts together. Filing jointly can save you time and money. A joint bankruptcy is great for saving time because it eliminates separate hearings. All……
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Bankruptcy: What to Consider

Bankruptcy is intended to provide debtors with a way out of debt and fresh financial start. And while it is a quick and easy option, filing for bankruptcy might not actually be in your best interest. It depends on your individual circumstances, as well as other factors. That is why the decision to file for……
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Bankruptcy Advantages

Today, the word bankruptcy is considered negative. Many people view bankruptcy as something detrimental and bad for your life. And while it is true your credit score will take a hit, bankruptcy is intended to be a good thing and should be viewed as such. For starters, bankruptcy is a way to clear or discharge……
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Military Personnel and Bankruptcy

The right to file for bankruptcy is not limited to only civilians. Those in the military have the same right to file for bankruptcy as well. In addition, active-military personnel and disabled veterans get certain benefits over non-military. For starters, the Servicemembers’ Civil Relief Act (SCRA) gives active-duty military legal protections in civil actions taken……
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Unlisted Debts In A No-Asset Chapter 7 Bankruptcy Case

A no-asset Chapter 7 bankruptcy case is where there are no nonexempt assets to repay your creditors with. When filing for Chapter 7 bankruptcy, you are required to list all of your debts, regardless of if you think they will be wiped out by your discharge. Typically, any unlisted debts will not be discharged but……
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