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What Gets Discharged in Chapter 13 Bankruptcy?

In a Chapter 13 bankruptcy, your debt will be broken down into: Secured debts Priority unsecured debts, and Non-priority unsecured debts For secured debts guaranteed by collateral, you will have to pay or surrender them if the collateral secures your obligation. This is usually property like a car or house. Priority unsecured debts don’t go……
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Grounds for Objection to Wage Garnishment

If a creditor sues you and successfully gets a judgment, wage garnishment is one way they can collect. Wage garnishment allows your creditor to take part of your employment income. This is accomplished through a wage garnishment order that the judgment creditor serves on your employer. Then, your employer has to withhold money from each……
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How to File for Chapter 7 Bankruptcy

One of the many reasons people avoid filing for bankruptcy is simply because they’re not aware of the process and what it involves. It can be complex and require strong attention to detail. But this doesn’t mean you should shy away from bankruptcy as you seek a way to improve your finances. What is Chapter……
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A Guide to the Different Chapters of Bankruptcy

If you’re on the verge, or even just considering the concept of filing for bankruptcy, understanding your options is an important step. People commonly hear about Chapter 7 or Chapter 13, but may not know the difference. The truth is the Bankruptcy Code allows for multiple different types of bankruptcy and understanding the difference between……
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5 Ways Footing the Bill for Adult Children Puts Your Retirement at Risk

When preparing for retirement, saving as much as possible can fast-track empty nesters to their goals. To calculate a budget, it’s typical to consider expenses such as mortgage payments, food, utility bills, and maintenance costs. But more Americans are also covering living expenses for their adult children long after they should. This practice, while well-meaning,……
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