An Overview of Debts That Are Discharged in Bankruptcy

A bankruptcy discharge implies that the debtor is no longer legally stipulated to pay any debts that were booked in the court. The signaling of discharge issue - a permanent order, indicates that creditors are prohibited from going on any type of collection drive on discharged debts including legal action or contacting the debtor through phone calls or e-mails.Generally the bankruptcy discharge takes place around four months after the debtor files the petition with the clerk of the bankruptcy court....

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Budgeting Before and After Filing Bankruptcy

When it comes down to it no one really wants to live on a budget. The first thing a bankruptcy attorney will tell someone that comes into their office and is on the cusp of filing bankruptcy but trying to avoid it, try living on a budget for a year and see if you can avoid bankruptcy altogether. Over the last 20 years Americans have learned to live way beyond their means using credit as a way of firing up the printing press when they get short on cash. Before filing bankruptcy, everyone should take...

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Best Way to Handle Bankruptcy Case in Court

The bankruptcy court exercises control over property and debts by appointing the official called "Trustee" to manage the petitioner's case and proceedings. The trustee (or staff) examines the papers to ensure that they are fully documented and look for property to sell for the benefit of creditors. Their primary duty cover responsibilities from scrutinizing the legal papers to ensuring that the creditors are paid off as much as possible. They also check all the financial transactions carried out...

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A Creditor Sent You A 1099 C? Don't Worry, Filing Bankruptcy Can Fix That

With a large number of Americans filing bankruptcy every year, creditors and debt collectors alike have gotten more aggressive with their collection tactics. I guess they believe that they have to be quick in today's economy or they will get nothing at all. Creditors are now quick to sue so they can get a judgment, followed up by a wage garnishment when people start getting behind on their debts. It doesn't take a rocket scientist to figure out that the debt ratios of most Americans are unsustainable....

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If You Need to File Chapter 7 Bankruptcy, Don't Get Forced Into Chapter 13

There is a common thread that runs throughout the American culture today and that's the economy sucks. This recession has affected everyone. There has been no one that has been immune from losing something. The only jobs that have until now been stable are that of the public sector. Everyone thought that if they were a policeman or a fireman, their job would always be safe because they are needed. Until recently this was true, now cities are having trouble making payroll nationwide. As cities continue...

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Dumb Things You Don't Want to Do When Filing for Bankruptcy

When it comes to filing for bankruptcy there many positive benefits, on the other hand the media still likes to draw their attention to the negatives. When considering the positives versus the negatives in a bankruptcy filing, the positives always win. The reason is the negatives will be there for the individual filing bankruptcy regardless if they file or not. For someone who cannot pay their bills, their credit is going to be in the tank and Chapter 7 bankruptcy won't make it any worse but could...

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How Can Filing for Bankruptcy Relief Help Me Secure Money for Retirement?

Let me show you how bankruptcy relief can help you secure your retirement, even if you have never invested a dime in your life. If you are struggling financially, why put a higher priority on the repayment of your debts than investment in your retirement? I don't know, but a lot of people make this mistake. Don't make the same mistake. It will cost you your retirement and you'll have nothing to show for it. Here's what I mean:If you make minimum payments on credit card debt and have nothing saved...

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Asbestos: What Is It and How Does It Affect You?

According to the EPA asbestos is "The name given to a number of naturally occurring fibrous minerals with high tensile strength, the ability to be woven, and resistance to heat and most chemicals. Because of these properties, asbestos fibers have been used in a wide range of manufactured goods, including roofing shingles, ceiling and floor tiles, paper and cement products, textiles, coatings, and friction products such as automobile clutch, brake and transmission parts."Asbestos related lung disease...

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Lung Cancer Remission - What Does It Mean?

When mentioning the word remission, many people tend to have a misconception to exactly what it means. It is usually used by doctors after a cancer patient has successfully carried out a course of treatment. Although, many people seem to think that once the word has been mentioned, the cancer patient is no longer at risk from a recurrence of the disease, due to having been considered completely cured.However, this is a misinterpretation of the word and something that can easily cause future problems...

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What Is The Difference Between Lung Cancer and Lymphoma?

There are two different types of cancer that may affect the lungs:1. Primary lung cancer is categorized as either small cell, or non-small cell, and usually begins in the lungs before it spreads to other parts of the body. Small cell is commonly associated with heavy smokers, where non-small cell may include other types of cancers such as squamous cell, large cell carcinoma, and adenocarcinoma.Symptoms may include a persistent cough, coughing up small amounts of blood, wheezing, shortness of breath,...

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