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Recent Posts in General Law Category

Chapter 13 Co-Debtor Stay

The "Co-Debtor Stay," also known as the "Co-Debtor Automatic Stay," is a feature of a Chapter 13 Bankruptcy designed to protect a debtor by insulating him from indirect pressures from his creditors ...
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Outstanding Payday Loans During Bankruptcy

Payday loan companies prey on individuals experiencing financial difficulties. These lenders offer a short-term loan of a few hundred dollars that will be repaid on the borrower's next payday. To ...
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Bankruptcy and Child Support Obligations

If you are paying child support, you may be confused about the effect of a bankruptcy filing on your child support obligation. A bankruptcy filing generally protects the debtor from the collection ...
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Bankruptcy Filing in Texas

Will Filing Bankruptcy Ruin My Credit? "Will filing bankruptcy ruin my credit?" This is a common question asked by individuals contemplating a bankruptcy filing. Usually this question is answered by ...
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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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What is Bankruptcy?

Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary ...
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