Understanding Bankruptcy
- Bankruptcy Basics
- What bankruptcy can't do
- Types of Bankruptcy Cases
- Bankruptcy Basics
- Bankruptcy Basics - Chapter 7
- Bankruptcy Basics - Chapter 13
- Bankruptcy Basics - The Process
- Facts About Bankruptcy
- Personal Bankruptcy Basics in Maryland
- Will bankruptcy wipe out all my debts?
- Should I file for bankruptcy?
- Could bankruptcy help me prevent my car from being repossesed?
Understanding Bankruptcy
Bankruptcy is a legal proceeding in which a person who cannot pay his or her bills can get a fresh financial start. The right to file for bankruptcy is provided by federal law, and all bankruptcy cases are handled in federal court. In most cases, filing bankruptcy immediately stops all of your creditors from seeking to collect debts from you, at least until your debts are sorted out according to law.
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