rajshukla
Joined: 03 Jan 2012
Posts: 160
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 Posted: Tue Jan 03, 2012 1:10 pm Post subject: hi |
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Personal bankruptcy should not be considered a cure-all for your financial problems and you may not even get approved by the courts to be able to file. Make sure you are going it knowing you have thoroughly investigated all other options. Hiring a legal professional to help when filing for bankruptcy, can help relieve the pressure along with eliminating the stress of the entire filing process. Once the bankruptcy is filed with the court, the trustee's office will send notices to all the creditors listed on the schedules. At this time, all debt collection procedures should stop. With the current US economic situation, about 1.5 million individuals will file for bankruptcy this year in 2010. Of these filings the majority of them will be chapter 7 bankruptcy. Chapter 7, is also referred to as a straight bankruptcy which allows the debtor to discharge unsecured debts.
Mazda Radiator |
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