24th February 2009
1. Everyone will find out you are bankrupt.
It is a matter of public record, so someone could find out if they are really interested, such as a future landlord or employer, and your creditors will be notified, but unless you tell people, no one else wi...
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24th February 2009
Q: What is bankruptcy?
A: The laws allows people or businesses who owe more money than they're able to pay to others time to either work out an equitable payoff plan or to eliminate the debt completely. The persons who owe the money are referred to as ...
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24th February 2009
New Changes in the Bankruptcy Laws for California
In October 2005 major changes were enacted in the bankruptcy code in an attempt to minimize some fraud that had been being used by some unscrupulous filers. Though it was feared that it would become tou...
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24th February 2009
Only those people who really do need to go bankrupt should consider the option of bankruptcy. There are several different types of bankruptcy, but for individuals this usually boils down to Chapter 7 and Chapter 13. Of these the Chapter 13 usually offers ...
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