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How to Find the Right Online Personal Loan for You

Credit Corp

You can take out a personal loan to meet emergency expenses, open a small business, consolidate debt , and more. For instance, a home would act as collateral in a mortgage or home equity line of credit (HELOC). Lenders of secured loans can repossess collateral if the loan is not repaid.

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Does Chapter 13 Wipe All of Your Credit?

Sawin & Shea

While different from Chapter 11, Chapter 13 is similar in the sense that it involves reorganizing and consolidating debts. This filing method is referred to as “the wage earner’s plan” because filers repay some of their debt balances with their regular income.