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Bankruptcy Law

Involuntary Bankruptcy 101

Some folks might think they can get out of debt by simply dodging a creditor, but unfortunately, it’s not that easy. Fortunately for these creditors, there’s a legal proceeding they can use against elusive debtors to protect their own interests: involuntary bankruptcy. Involuntary bankruptcy is exactly what it sounds like. Essentially, it’s when a creditor

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What Is FDCPA?

Have you ever gotten a call from a debt collector? If so, you’re not alone. In 2016, the average number of daily calls made by debt collectors was 2.4, with some callers making up to as many as 15 calls a day. Thankfully, there’s federal legislation in place to protect against these pesky phone calls:

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What Does “Fresh Start” Mean in Bankruptcy?

When bankruptcy services are being advertised, the expression, “fresh start” appears frequently. “Fresh Start” refers to the legal and bankruptcy filing process, which is designed to help individuals who are unable to repay their creditors. An individual may choose to file bankruptcy to get a “fresh start,” and liquidate assets or create a viable repayment

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Advantages & Disadvantages of Filing for Bankruptcy (When And When Not To File)

Unfortunately, there has been a longstanding (and unjustified) stigma associated with filing for bankruptcy. When bad things happen to good people, bankruptcy makes it possible to start over. There are advantages to filing for bankruptcy including eliminating overwhelming debt, learn from any financial mistakes you may have made in the past, and set the stage

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