What Are the Consequences for the Creditor? How Do You Protect Your Rights? For many who file, one of the important benefits of a bankruptcy petition is the automatic stay, which goes into effect immediately and prohibits creditors from taking any action outs...
Read MoreAre Funds in a Qualified Plan a Part of Your Bankruptcy Estate? When you qualify to permanently discharge debts through a Chapter 7 bankruptcy petition, you must make some of your assets available to the bankruptcy court, to be used to pay some of your debt t...
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