Top Ten Reasons People File for Bankruptcy

Posted October 17, 2009 – 2:10 pm in: Bankruptcy

1. Eliminate the legal obligation to pay many of your debts.. This process of wiping the slate clean is called a discharge of debts. The goal of a discharge is to reduce debt to give you a fresh start. Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most [...]

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