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Blog Posts in July, 2010

What Are the Minimum (or Maximum) Debt Amounts to File for Bankruptcy?

One question we're often asked is what the minimum debt amount is to allow someone to file for bankruptcy . The answer is very simple: there is *no* minimum debt amount to be eligible to file. This is ...
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Filing For Chapter 7 Bankruptcy! Do I Need To Have A Job?

It is not necessary to have a job to file a Chapter 7 bankruptcy. In fact, the filing of Chapter 7 is probably one of the few instances in your life where it helps to not be employed. When a Chapter 7 ...
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National Expert Predicts Rising Bankruptcy in 2011 and 2012

With the signing of the Financial Services Regulation Overhaul legislation, the Obama Administration will be turning its attention to its feeble job creation performance. Dr. Robert D. Manning, the ...
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Does Bankruptcy Clear IRS Debt?

Bankruptcy can clear some types of tax debt. It will not clear a federal tax lien that has attached to your assets . However, when no tax lien has been filed, income tax debt can be discharged and ...
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Why Are Some Creditors So Stupid? “The Grand Illusion”, by Charleston DeMott, Charleston Bankruptcy Attorney

by Russell DeMott, Charleston Bankruptcy Attorney I've been thinking of some of the bizarre things I've seen creditors do lately. You'll find a lot written about abusive creditors, mean creditors, ...
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Considering Debt Settlement? Perhaps Bankruptcy Is Cheaper And More Efficient

Often people come to see me who have been working with a debt settlement company but are unable to manage the payments to the debt settlement company or get discouraged with the whole process. How can ...
Continue reading "Considering Debt Settlement? Perhaps Bankruptcy Is Cheaper And More Efficient " »

Considering Debt Settlement? Perhaps Bankruptcy Is Cheaper And More Efficient

Often people come to see me who have been working with a debt settlement company but are unable to manage the payments to the debt settlement company or get discouraged with the whole process. How can ...
Continue reading "Considering Debt Settlement? Perhaps Bankruptcy Is Cheaper And More Efficient" »
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