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How Can You File for Bankruptcy With No Money?

Sawin & Shea

You may also wonder whether you can file bankruptcy, no money down. In this blog, we’ll discuss how to file bankruptcy with no money. While you can technically file bankruptcy for free without a lawyer, it’s important to retain one if possible. How Can I File Bankruptcy Chapter 7 With No Money?

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What Assets Do You Lose in Chapter 7?

Sawin & Shea

With Chapter 7 bankruptcy, you as the debtor can discharge most unsecured obligations after liquidating nonexempt assets. Because Chapter 7 involves a Chapter 7 Trustee selling off certain non-exempt assets, many who consider this bankruptcy method worry about what assets and possessions they can retain.

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How to Remove Sunrise Credit Services from Your Credit Report

Better Credit Blog

Sunrise Credit Services is a debt collector that has been hired by your old creditor to collect payment on your debt. This entry can cause trouble for your credit score and future financial decisions. It can also serve as a reminder to future lenders that you have a history of not paying bills. What is Sunrise Credit Services?

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How to Remove MRS BPO LLC From Your Credit Report

Better Credit Blog

Not only are they notoriously rude, but having a debt collector on your tail can mean that your credit score is about to take a dive. MRS BPO LLC is contacting you because they are now responsible for collecting a debt on behalf of your original creditor. Either way, they are going to do as much as they can to get you to pay.

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How To Remove LVNV Funding LLC From Your Credit Report

Better Credit Blog

What to Do When LVNV Funding Calls. First of all, if you’re receiving harassing calls from a collection agency, you need to not only know your rights under the Fair Debt Collection Practices Act , but be willing to stand up against collection agencies who attempt to violate your rights under this law. Know Your Rights.

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Hot to Remove Credit Collection Services From Your Credit Report

Better Credit Blog

If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report. That said, by taking the right steps, you can stop the annoying and distressing calls. This means that you’re not dealing with the initial creditor.

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What Are The Types of Bankruptcies & How Do I Choose One?

Debt Free Colorado

But just like choosing a doctor or an in-law, not all forms of bankruptcy are the same and selecting the wrong one can wind up doing more harm than good. . So, how do you choose which bankruptcy is right for you? Bankruptcy laws are in place to protect not just the debtor, but also the creditors. Bankruptcy Defined.