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Starting a business is always a risk, and sometimes it doesn't end well. Read on to find out if bankruptcy is the right move for you.

Posts

How To Avoid The Accusation Of Bankruptcy Fraud

30 November 2018
 Categories:
, Blog

Obtaining the financial relief that a chapter 7 bankruptcy can bring is far too important to allow it to be affected by the shadow of fraudulent activity. Regardless of a filer's intentions, bankruptcy fraud is a serious federal offense. Read on to learn more about how your moves before and during a bankruptcy can be interpreted as fraud and how to avoid even the suspicion of fraudulent activities with your bankruptcy.
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Post-Bankruptcy Complications And What Your Lawyer Can Do About It

17 October 2018
 Categories: , Blog

Most of the time, a bankruptcy goes off without a hitch. Your lawyer files the paperwork and sends the notices to your creditors, telling the creditors of your intent to file for bankruptcy. The creditors can choose to send a representative to request that they be excluded from the bankruptcy and demand payment in full, or they can just agree to let the debt go/be discharged. Every once in a blue moon there are post-bankruptcy hearing complications.
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Keeping Your Car In Chapter 7 Bankruptcy

22 August 2018
 Categories: , Blog

Making the decision to use Chapter 7 bankruptcy for relief from your debt can be a good solution for you, but you should analyze the effects it will have on you before you file. As you do this, one thing you should look into is the effects of filing for Chapter 7 will have on your car. If you own a car, this is an important step to take, as there is a chance you could lose your car after filing.
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What To Expect At Your Meeting Of Creditors Bankruptcy Hearing

9 July 2018
 Categories: , Blog

Filing for bankruptcy may be just what you need to finally get out of debt. However, if you are filing for Chapter 7 bankruptcy, you may have to attend a hearing or a meeting of creditors. At this meeting, your creditors can attend to listen while you officially divulge your financial situation to the court. If you are nervous about your meeting of creditors, check out these three facts so you know what to expect.
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Are Your Debts Too Big To Pay? See If Bankruptcy Is For You

2 April 2018
 Categories: , Blog

Did you take out a mortgage you can't afford, while also having a car payment, student loans, and other debt? If you can no longer manage to make any of these payments, and you are at a point where it's difficult to cover living expenses, contact a legal debt professional. It's important that you find out if you can file for bankruptcy, and then you can start making better financial decisions in your life.
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About Me
is bankruptcy a smart business move?

America is supposed to be the land of opportunity. What do you do when you try to take advantage of an opportunity that ends up costing you more than what it is bringing in? Sometimes, a business that you start just doesn't work out as you had hoped. It could be that you don't have enough experience or it could be that the market goes bad. Whatever the reason for the business not doing well, you will have to think carefully about your next step. Is bankruptcy the only way to get through this difficult time without losing everything you have worked for?