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Will I lose everything if I file bankruptcy?

March 23, 2021

What will happen to your property – and everything you have worked for – if you file bankruptcy? This is the most common worry that anyone facing significant debt has. This concern is often what makes individuals wary of seeking relief for that debt as well. It is understandable to worry about your property, everything…

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Important: Keep all bankruptcy documents

March 11, 2021

Receiving the discharge letter after navigating the bankruptcy process can bring a great feeling of relief. After all, the discharge of your debts is the goal, so you can obtain a fresh start. However, even when you obtain a discharge, there are a few more steps you must take. One step that you should not…

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How can bankruptcy help struggling restaurants?

March 3, 2021

This past year has not been easy on anyone in the business world. In particular, restaurants are facing some of the largest financial challenges, with difficulty paying rent, bills or suppliers, all while continuing to serve customers with a reduction in profits. When struggling with overwhelming debt, many restaurant owners fear that seeking debt relief…

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If I can make payments, am I still eligible for bankruptcy?

February 3, 2021

In today’s world, it is not difficult for debt to spiral and become a major dilemma. Perhaps you can make the minimum payments on your credit card and other pressing loans, but debt can still pile up quickly and become unmanageable. Many people in this situation worry about whether they can still file bankruptcy. It…

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Will I have bad credit forever after filing bankruptcy?

November 19, 2020

In today’s society, your credit score can play a large role in your life. It often comes into play when you make large financial decisions, such as when you rent or buy a house, purchase a car or apply for a loan. This critical role is one reason why many people worry about maintaining and…

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Five steps you must take in Chapter 11 bankruptcy

October 2, 2020

When business owners decide to file Chapter 11 bankruptcy, they suddenly have a lot on their plate. After all, pursuing debt relief on top of running a business can be complex. It is often beneficial to speak with a lawyer to understand all of the steps required of you when filing Chapter 11 bankruptcy, but…

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