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  • What You Need To Know About Chapter 13 Bankruptcy

    We can always hit a rough patch in our finances. Many great people have come back from financial calamities that you couldn't imagine, so if you need to file bankruptcy, don't feel as though it's the end of the world. Chapter 13 bankruptcy is a common strategy that people use when they need to get their finances back in order. If you would like to learn more about this, how to address it, and how it can help your finances, use this information.
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  • The Joy Of A No-Asset Bankruptcy

    When it comes to filing a chapter 7 bankruptcy, things can get confusing. The way you look at your financial situation will change and you will begin to view your belongings and how much money you owe on those belongings quite differently. One area of interest is your assets. When the assets you own are considered safe from seizure, you may have a no-asset bankruptcy. Read on to find out about what it means to have a "
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  • Abuse Of Chapter 7 Bankruptcy Filings: A Cautionary Tale

    As an adult, when you first hear about bankruptcy, you may view it as a godsend. It is going to help you get out of a lot of financial trouble. Yet, you have to be very careful about filing a Chapter 7 bankruptcy. You could be viewed as someone attempting to abuse the system. Before you speak to a bankruptcy lawyer and file for bankruptcy or start bankruptcy proceedings, you should read the following.
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  • Two Options For Avoiding Bankruptcy

    If your debts have exceeded your income and you're overwhelmed by the outstanding balances, you may find yourself considering bankruptcy as a way to ease your financial demands. Bankruptcy filing is a serious decision, and one that comes with some long-lasting effects, including a negative effect on your credit score. The good news is that bankruptcy isn't your only option for gaining control of your expenses. If you're looking to avoid bankruptcy, here are a few other things you can do.
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  • Learn How Bankruptcy Can Help Your Situation

    If you have been getting a lot of phone calls, letters and emails from creditors then you already know how stressful this can be. However, the worst part of owing so much debt you can't pay off is having it affect your life in so many negative ways. As long as you have a low credit score you are going to find it hard to obtain any new credit accounts, to buy a car and definitely to get approved for a home loan.
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  • FAQ About Timeshares And Bankruptcy

    A Chapter 7 bankruptcy can have an impact on every aspect of your financial life, including your timeshare. Depending on certain factors, it is possible that the trustee might decide you cannot keep it. If you have a timeshare and are thinking of filing, here is what you need to know. Can You Use an Exemption for the Timeshare? In a bankruptcy filing, each person is allowed to use exemptions to protect some of their assets from being seized by the trustee.
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  • Understanding Your Bankruptcy Options

    If you are thinking of filing for bankruptcy, then you have two main options, Chapter 7 and Chapter 13. To help you get a better idea of which is best for you, here is an overview of each: Chapter 7 The basic idea of Chapter 7 bankruptcy is that your assets will be liquidated, and the proceeds will be used to pay off a portion of your debts. A trustee will be appointed by the court to oversee your case.
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  • Exposing Some Foreclosure Myths You May Believe

    Your home is likely one of the largest investments that you have ever made, and it should come as no surprise that it may take you many years to pay off your loans. However, a lot can happen over the course of time, and you may one day find yourself in a situation where it is difficult to pay your mortgage. In these situations, it is important for you to have a solid understanding concerning the realities behind some common myths about foreclosures.
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  • Three Simple Steps To Improving Your Credit Score When Buying A Home

    If you are in the first stages of thinking about buying a house, then the very first thing you should do is to get your credit score as high as you can. Your credit score will determine the type and amount of loan you are eligible for and how easy it is for you to get a house to begin with. There are three steps you want to follow when it comes to cleaning up your credit score.
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  • 4 Things That Chapter 7 Bankruptcy Won'T Do

    If you're in a financial bind, you may think filing for Chapter 7 bankruptcy will get rid of all your problems. However, this is simply not the case. There are many debts that bankruptcy can get rid of, but there are several ones that won't be affected by it. It's ideal to know what debts won't be discharged when you do find out you're eligible for this status. Eliminate student loans
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