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Bankruptcy & Debt Relief

Bankruptcy to the Rescue

By | Bankruptcy & Debt Relief

There are numerous reasons why people turn to bankruptcy.  It could be because they lived beyond their means for too long, or medical bills piled up, or a change in employment caused their debt to outweigh their income. The psychological impact of bankruptcy can be serious.  Some people think declaring…

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Bankruptcy Exemptions

By | Bankruptcy & Debt Relief

A bankruptcy exemption is the value of property owned by a debtor in bankruptcy that cannot be touched by creditors or a bankruptcy trustee.  The debtor will keep this property, and it cannot be taken by creditors or a bankruptcy trustee to pay his or her debts. Determining which property…

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