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by Eddie Tobey
Filing for bankruptcy can be an excruciating moment. Individuals or firms have the option of filing for bankruptcy as a last option when their debts are out of control. Bankruptcy is filed when the debt is extremely high and the creditors are prac
Personal Bankruptcy – If It's Unavoidable, File Now
by Charles Essmeier
The Bankruptcy Abuse and Consumer Protection Act, signed into law by President Bush last April, promises changes to Federal bankruptcy law that have been long sought by the lending industry. The bill promises sweeping changes to Federal law, and

What You Should Know About Bankruptcy
by Jody Ehrhardt
Filing bankruptcy is not only a last resort legal action; it is also a very complicated legal action that definitely needs the expertise of a lawyer. When thinking about bankruptcy, you first need to decide if bankruptcy is right for you. If it is

Payday Loans or Cash Advance Loans - Useful After a Bankruptcy
by Carrie Reeder
Payday loans, also known as cash advance, are a useful tool after bankruptcy. By keeping current on your bills through a payday loan, you can rebuild your credit history. The key is to only use these cash advances for emergencies.Using P

New Bankruptcy Law Makes it Harder to Stop Foreclosure
by Herbert Addison
On October 17, 2005 President Bush’s sweeping bankruptcy reform law goes into effect forever changing the rules of debt collection in this natiion. Consumer advocates and the public appear to be completely unaware of the total and complete victor

Bankruptcy Law Now Tougher - More Expensive
by Douglas Hanna
A new bankruptcy law took effect in October that will make it harder and more expensive for most families to file for bankruptcy and discharge their debts.The major result of the new law is that fewer people will be able to file for Chapter

The Five Most Popular Questions About Bankruptcy
by Nathan Dawson
WILL MY CREDITORS STOP HARASSING ME?Yes, they will! By law, all actions against a debtor must cease once bankruptcy documents are filed. Creditors cannot initiate or continue any lawsuits, wage garnishees, or even telephone calls dem

Bankruptcy Chapters Explained
by Nathan Dawson
Chapter 7The potential chapter 7 debtor should understand that a straight bankruptcy case does not involve the filing of a plan of repayment as in chapter 13, but rather envisions the bankruptcy trustee's gathering and sale o

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