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chapter 13 bankruptcy Archives

What are the benefits of a Chapter 13 Bankruptcy?

The main component of a Chapter 13 Bankruptcy is that it forms a scheme for the individual to be able to feasibly repay all or part of his or her debts. It is ideal for those with a regular income, and is a way for an individual to avoid liquidating all of his or her assets.

Know what is necessary to file Chapter 13 bankruptcy

Coming to the realization that your debts are more than you can handle is a rough place to be. Once you know what options you have to deal with these debts, you will have to decide what to do. One of the choices you have is Chapter 13 bankruptcy.

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