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Started by yilaiwl6879, January 24, 2011, 08:57:35 PM

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yilaiwl6879

er 7 bankruptcy in the future. This would be the case if for some reason you can't stop incurring new debt.4. You are a family farmer who wants to pay off your debts, but you do not qualify for a Chapter 12 family farming bankruptcy because you have a large debt unrelated to farming.5. You have valuable nonexempt property. When you file for Chapter 7 bankruptcy You are not allowed to view links. Register or Login, you get to keep certain property You are not allowed to view links. Register or Login, called exempt. If you have a lot of nonexempt property (which you'd have to give up if you file a Chapter 7 bankruptcy), Chapter 13 bankruptcy may be the better option.6. You received a Chapter 7 discharge within the previous six years. You cannot file for Chapter 7 again until the six years are up.7. You have a co-debtor on a personal debt. If you file for Chapter 7 bankruptcy, your creditor will go after the co-debtor for payment. If you file for Chapter 13 bankruptcy, the creditor will leave your co-debtor alone You are not allowed to view links. Register or Login, as long as you keep up with your bankruptcy plan payments.8. You have a tax debt. If a large part of your debt consists of federal taxes, what happens to your tax debts may determine which type of bankruptcy is best for you.10) Chapter 7 BankruptcyIf these alternatives will not work for you, bankruptcy may be the only way for you to get a fresh start. Chapter 7 Bankruptcy oyilai:
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