When does the automatic stay go into effect?

Bankruptcy can be a useful process for individuals that are suffering through tough financial times. These individuals may be unsure of how their future will work out if their finances are not in order. This can create some stressful times. It may even be more stressful for individuals that have a family to provide for. […]

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When should I file for bankruptcy?

Bankruptcy can have a bad stigma. However, it can prove to be a beneficial process for individuals and businesses. When finances are running low and in debt, it can be hard to recover. Bankruptcy provides people with the opportunity to reorganize their finances and better prepare them for a successful financial future. If you are […]

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What does the automatic stay enforce?

By claiming bankruptcy, individuals may be able to rearrange their finances to create a more successful future for themselves. Although filing for bankruptcy can be a scary process, it can prove to be quite beneficial. With the requirements for eligibility, individuals can become more educated about their finances and how to handle transactions in the […]

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What ways can I claim individual bankruptcy?

When individuals are considering bankruptcy, there are two options they should explore. Chapter 7 and Chapter 13 are tools for bankruptcy processes that can be useful for individuals. These options can give people the opportunity to improve their financial situation. Through these options, individuals will be able to prepare a financial plan to help their […]

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