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Inside you will find over 500 helpful articles discussing the Chapter 7 & 13 Bankruptcy Process and other solutions for difficult financial situations.

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When a creditor has failed to obtain payments from the debtor, the creditor may sell the debt to a debt collector. If the debt collector...

Medical debt is dischargeable in bankruptcy, both in chapter 7 and chapter 13 cases.

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Under the Internal Revenue Code, the general rule is that the discharge of a debt is a form of gross income. The forgiveness of a...

Under the Internal Revenue Code, the general rule is that the discharge of a debt is a form of gross income. The forgiveness of a...

There are lots of reasons that people file for bankruptcy. One very common reason is because they have lots of medical debt. Medical services can...

The short answer to this question is simple: no, you cannot choose which debts are in your bankruptcy and you cannot leave any out. When...

While we are still learning all the effects of the COVID-19 coronavirus, the far-reaching impact of this pandemic and related government shutdowns will continue to...

People typically file for bankruptcy when their debt becomes too overwhelming for them to continue to handle. This is nothing to be ashamed of and...

You could not find a single person who will tell you that life is easy. It is not. In fact, sometimes it seems like life...

Many people make New Year’s resolutions to exercise more, eat healthier, or be kinder to others. But what about resolving to address your financial situation?...

The language of bankruptcy attorneys can seem like Greek to the non-attorney. What does it mean for a Chapter 7 trustee to “liquidate” assets? When...

This is a great question to ask. Normally, debts that are forgiven are taxable income to you. For example, if you had 100k in debt...

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