When you have been advised by your lawyer to file for Chapter 13 bankruptcy, the next few steps are crucial. It is important to ensure that you follow the due procedure of filing for bankruptcy. This will ensure smooth completion of the Chapter 13 bankruptcy filing process which many think is complex and cumbersome....
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Facing a business crisis due to mismanagement of funds is an extremely devastating situation. However, losing all hopes in the wake of such a scenario should be the last thing on your mind because there are legal options available to deal with such situations. ...
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Bankruptcy procedures need to be initiated if someone is facing a financial crunch and is not able to repay loans. As per federal law, debts can be restructured or even discharged subject to the provisions of law if the person or an organization qualifies for bankruptcy. Just like provisions of any other law, bankruptcy codes are extremely complex and a common person will find it hard to fathom the meaning and implications of various legal terms and procedures. Moreover, one’s reasoning can get clouded due to financial hardships and constant harassment from recovery agencies. Importance of hiring a bankruptcy lawyer With...
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