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What Can I Keep if I File For Chapter 7 Bankruptcy?

Sawin & Shea

Filing for bankruptcy can provide you with a much-needed second chance when it comes to your finances. However, the process of going through Chapter 7 can be complicated and stressful to ensure you can keep what you need to continue living your life even after bankruptcy. What is Chapter 7 Bankruptcy?

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What Happens if You Ignore Debt Collectors?

Taurus Collect

Creditors may take legal action to recover the debt, which might result in wage garnishment or a lien against your property. Cash Flow Interruptions: Ignored debts can lead to frozen bank accounts or seized assets, significantly hindering daily operations and the ability to conduct business effectively.