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Tag: Bankruptcy Myths

Bankruptcy-benefits-get your credit back

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Bankruptcy-benefits Considering bankruptcy? you have a lot on your mind. Let me help you start fresh. I can show you the bankruptcy-benefits. I will evaluate your case, determine if you are eligible for bankruptcy, and tell you what type of bankruptcy you need. Then I will file it for you. Creditors will to stop calling. […]

The 341 Meeting

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The 341 Meeting under section 341 of the Bankruptcy Code … The debtor must appear and submit to oral examination, under oath, at a meeting of creditors convened (called brought together and conducted) under section 341 of the Bankruptcy Code. The meeting is convened (called and brought together and conducted) by a trustee appointed by […]

Avoiding liens

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Avoiding liens A debtor may avoid a lien that impairs an exemption to which the debtor is entitled, if the lien is created by a judicial proceeding such as a law suit or if the lien arises in connection with a loan other than a loan to purchase the property to which the lien attaches. […]

THE FEDERAL EXEMPTIONS AS ESTABLISHED BY CONGRESS

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THE FEDERAL EXEMPTIONS AS ESTABLISHED BY CONGRESS Certain property which falls within the description of property of the estate is exempted either by exemptions established by the U.S. Congress, called Federal Exemptions, or by exemptions established by states, called State Exemptions. in some states Debtors are free to choose either the Federal or the State […]

Means testing and qualifications:

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Means testing and qualifications: The means test is a mathematical formula established by congress, creating standards to qualify a person to obtain relief under the bankruptcy code and to determine whether they will be required to repay some of their debts or merely discharge them. In order to put all persons on the same playing […]