2021

  • Terms To Know If You Want To File For Bankruptcy

    The first time you file for bankruptcy, you might have questions about the process. You might also have questions about common terms that you hear with a bankruptcy case. Learning the common terms of bankruptcy can help you understand how it works. Here are some of the most common terms to know if you are getting ready to file for bankruptcy. Qualifying Debts vs. Nonqualifying Debts The first set of terms you might hear are qualifying debts and nonqualifying debts.
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  • How Soon Is Too Soon To Declare Bankruptcy?

    Declaring bankruptcy means committing to a certain prescription for the financial issues you're facing. It might feel like it's too soon to declare, or it might feel like you should have filed months ago before things got worst. Confronting this ambiguity can be distressing. However, a bankruptcy attorney will tell their clients to look at a few specific factors regarding how quickly they should proceed. Now It's always tempting for a bankruptcy lawyer to tell a client that now is the best time to file.
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