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Blog Posts in 2023

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  • Which Bankruptcy Should You File, Chapter 7 or 13?
    Which Bankruptcy Should You File, Chapter 7 or 13?

    When it comes to filing for bankruptcy, there are two types that most people consider: Chapter 7 and Chapter 13. Both have their own unique benefits and drawbacks. Understanding the differences ...

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  • Will Bankruptcy Hurt My Credit Score?
    Will Bankruptcy Hurt My Credit Score?

    Bankruptcy is a legal process that relieves individuals and businesses who cannot pay their debts. While bankruptcy can provide a fresh start, many worry about its impact on their credit score and ...

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  • What is a Federal Tax Lien?
    What is a Federal Tax Lien?

    A federal tax lien is a legal claim by the United States government against a taxpayer's property because of unpaid federal taxes or other assumed debt. Federal tax liens are levied by the Internal ...

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  • What Is a Chapter 11 Subchapter V Bankruptcy?
    What Is a Chapter 11 Subchapter V Bankruptcy?

    Chapter 11 Subchapter V is a relatively new type of bankruptcy created by the Small Business Reorganization Act of 2019 (SBRA). It is designed to make the Chapter 11 bankruptcy process more accessible ...

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  • What Is a Chapter 7 Trustee?
    What Is a Chapter 7 Trustee?

    In the United States, Chapter 7 bankruptcy is a legal process where a debtor’s assets are liquidated to pay off their debt. A Chapter 7 bankruptcy trustee is a person appointed by the court to ...

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  • How Can I Stop Wage Garnishment?
    How Can I Stop Wage Garnishment?

    Filing for bankruptcy can stop wage garnishment in most cases. When a person files for bankruptcy, an “automatic stay” goes into effect. The stay is a court order that immediately stops most ...

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