DEBTOR EDUCATION COURSE REQUIREMENT IN BANKRUPTCY

Debtor Education Course Requirement in Bankruptcy – Before you file a case under bankruptcy under chapter 7 or under chapter 13 you must have to complete a debtor education course. Debtor education course helps you to save money, discharging your debt. Debtor education course requirement: For receiving discharge of liabilities under chapter 7 or chapter […]

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SECOND BANKRUPTCY

When you filed bankruptcy your main goal is to discharge from all liabilities. In the filing of first bankruptcy, you discharge from all liabilities earlier but this can’t happen in the case of the second bankruptcy filing. In first filing of bankruptcy although you discharge most of your liabilities but there were some liabilities which […]

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Credit Counseling Before Filing for Bankruptcy

Bankruptcy is that legal status of the person in which individual, firm unable to pay debt it owes from creditors. Bankruptcy is filed under the protection of Federal bankruptcy Court by individuals, Companies to pay off their creditors. Property liquidation: In this liquidation some of your assets are sold to pay down your debt and […]

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