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But making the right choice between these two options could set you. With a Chapter 7 bankruptcy, any asset that can be turned into cash will.
The whole process of filing bankruptcy is complicated. There are different types of bankruptcy, and the type that you choose depends upon your personal finances [.]
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Filing for bankruptcy is always a hard thing to do. When you start the procedures to file for bankruptcy, you start thinking about all of the wrong.
Filing for bankruptcy is a huge decision.. guidelines that can tell you right off the bat whether or not you qualify for Chapter 7 bankruptcy.
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Once you’ve decided that bankruptcy is the right solution for your financial situation, you will need to decide which type of bankruptcy is most beneficial. If you are an individual or a small business owner, then your most obvious choices are Chapter 7 "liquidation" bankruptcy or Chapter 13 "wage earners" or "reorganization" bankruptcy.
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A LIT will only recommend filing for bankruptcy as a last resort, and we will help you explore your options if bankruptcy is not the right solution for your situation. Bankruptcy is a big decision, so before you decide to file bankruptcy you should explore any possible alternatives that could work for your budget and income .
The real question that everyone wants us to answer when they come in for a consultation is " how do I know if bankruptcy is the right thing for me to do? " Deciding that you need to go bankrupt is not an easy choice, even if it’s the right one financially, we understand that.
The following is a script of "The Cost of Cancer Drugs" which aired on October 5. We’re in a situation where a cancer diagnosis is one of the leading causes of personal bankruptcy. Dr. Leonard.