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Bankruptcy Blog

Blog Posts in July, 2012

The Need to Know About Bankruptcy Discharges

In the bankruptcy arena, many have heard that they can get rid of their debt if they file for a specific chapter of bankruptcy. The legal terminology for this would be “ bankruptcy discharge ...
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Exposing the Myths About Bankruptcy

Filing for bankruptcy can be a hard decision for an individual to make. Unfortunately many people have heard so many myths about bankruptcy, that it keeps them from making the next vital step towards ...
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Hawker Beechcraft Gives Bonuses to Employee's Under Bankruptcy

Hawker Beechcraft is an international aviation company, which specializes in developing business jets, pistons, and military planes. This company has filed for bankruptcy and is pleading with the ...
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Will Bankruptcy Help or Hurt Me in the Long Run?

It is true, many people may assume that if they run out of money that filing for bankruptcy is a wise option. Though, what many don’t realize is that it is an option that shouldn’t be ...
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Compensation for Car Owners Misled by Auto Services

A nationwide scam has been stealing money from thousands of people by faulty contracts for auto services. According to NBC News, the Attorney General in Texas along with 8 other states, including ...
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A Major Cause of Bankruptcy: Medical Bills

Today in America many people are finding themselves in a financial rut which is leaving them with filing for bankruptcy as their only option. Statistics are showing that two thirds of the personal ...
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Patriot Coal Files for Bankruptcy

In a society that is moving from coal to cheaper, natural gas, Patriot Coal has suffered. This coal producing and marketing company has spent its efforts and finances working towards a better ...
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Man Eliminates Mortgage with a Penny Payment

They say that a penny saved is a penny earned, but for Thomas Daigle, those pennies were his salvation. The man from Milford, Massachusetts warned his bank that he would be paying off his final house ...
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Colorado Wildfires Serve as a Reminder for Home Insurance

The wildfires in Colorado, which started last week, have already damaged hundreds of homes, leaving families displaced and without their possessions. MSNBC says that 346 residencies on about 35 ...
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RIM Phone Manufacturer Will Lay Off 5,000 Employees

The Blackberry was once the new name in phones, but since the advent of smartphones with 4G, the company has seen their product start to decline in popularity. The company that creates these has-been ...
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