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Bankruptcy Blog

Blog Posts in August, 2009

Reaffirmation Agreements

A Chapter 7 bankruptcy discharge releases an individual from personal liability for most debts and prevents creditors from taking collection action against the debtor. In other words, the bankruptcy ...
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Will Bankruptcy Ruin My Life?

Clients have many questions during the initial appointment with a bankruptcy attorney. The most common concerns are losing property, and rebuilding credit after the bankruptcy case is over. ...
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Don’t Let Zombie Debts Haunt You

If a debt collector is harassing you over a debt that you thought was dead and buried, you may be dealing with a zombie debt. The usual scenario is an unexpected phone call or letter asking for ...
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Debt Relief Companies: So Many Names, So Many Scams

Debt relief ads seem to be everywhere: on television, on the radio, and in newspapers and magazines. These companies use different terms to describe their services like counseling, consolidation, ...
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Auto Redemption in Chapter 7 Bankruptcy

During a Chapter 7 bankruptcy all unsecured debts are discharged. Debts that are secured by collateral (e.g. car loans) must be paid or the collateral must be returned to the lender. Occasionally an ...
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