rajshukla
Joined: 03 Jan 2012 Posts: 160
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Posted: Tue Jan 03, 2012 12:44 pm Post subject: hi |
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After a while, these creditors get tired of calling you up and instead refer you to some debt collection agencies. These agencies will demand that you pay t he full amount, and sometimes even threaten to sue you and get you arrested. The bankruptcy laws enacted in 2005 have made it more difficult to declare bankruptcy and discharge your debts. How broke do you have to be? Debt Relief Solutions- Understanding Illinois Laws about Bankruptcy Illinois bankruptcy laws for those residents who file Chapter 7 bankruptcy include exemptions as long as the person filing is a single person and the property is in their name only. This list is complete and anything not on this list will be liquidated if it has any value. If you are seeking more information about a specific case, you need to consult a bankruptcy lawyer for assistance.
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