Are you contemplating filing for bankruptcy? If so, you should be aware of a critical pre-filing requirement: credit counseling. While it may not be the first thing that comes to your mind when you’re in need of bankruptcy, it’s important to acknowledge its relevance....
Month: January 2024
How long does it take to discharge debts during bankruptcy?
The discharge of debts at the end of bankruptcy proceedings is often the primary purpose of the process for filers. Those with insurmountable levels of debt can eliminate some of their financial obligations as a result of a filing. A discharge reduces what debts...
Can filing for bankruptcy cost you everything?
Filing for bankruptcy is often treated as a last resort for those overwhelmed by debt, partially because there's a common misconception that it can lead to the loss of all of one’s personal assets. Thankfully, this is not accurate. Bankruptcy laws are designed not...
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