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Who Can Declare Chapter 7 Bankruptcy?

Sawin & Shea

If you’re struggling with overwhelming debts, Chapter 7 bankruptcy could be your best option. Chapter 7 is the most common form of bankruptcy for individuals and families, and it allows you to discharge many of your unsecured debts within only a few months. What is Chapter 7 Bankruptcy?

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Chapter 13 Bankruptcy Hardship Discharge: Am I Eligible?

Sawin & Shea

Filing for Chapter 13 bankruptcy is a positive step during a challenging time in your life. Instead of fighting with your creditors, you work with them proactively in the bankruptcy process to resolve your debts. In some cases, you may be eligible for a Bankruptcy Hardship Discharge.

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Understanding the Chapter 7 bankruptcy means test in Tennessee

Roths Child Law

The bankruptcy means test is a crucial component of the bankruptcy process introduced as part of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). It is designed to prevent higher-income individuals from filing for Chapter 7 bankruptcy. Are you considering bankruptcy?

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What is the difference between Chapter 7 and Chapter 13 bankruptcy?

Roths Child Law

However, you can get rid of the financial and emotional pressure of being a debtor by filing for Chapter 7 or Chapter 13 bankruptcy. Both Chapters can help you start anew and discharge your debts, but they work differently. Chapter 13 doesn’t work the same way. The main difference.

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Chapter 13 Bankruptcy Dismissed. Can I Refile?

Sawin & Shea

Filing for Chapter 13 bankruptcy can help you improve your financial situation. Unfortunately, not everyone filing Chapter 13 will complete the repayment process. Unfortunately, not everyone filing Chapter 13 will complete the repayment process.

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The differences between Chapter 7 and Chapter 13 bankruptcy

Roths Child Law

Are you struggling with overwhelming debt and considering bankruptcy as a way out? If so, you may have heard of Chapter 7 and 13 bankruptcy. Bankruptcy is a legal process that allows individuals or businesses to eliminate or reorganize their debt. This stops virtually all collection actions from creditors.

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Chapter 13 Bankruptcy and Tax Debt

Sawin & Shea

If you’re struggling with overwhelming tax debts, you should consider all of your financial options , one of which is filing bankruptcy Chapter 13. With Chapter 13, you can pool all of your debts, including some types of tax debts, into a three-to-five-year repayment plan. Does Bankruptcy Clear Tax Debt?