Are Bankruptcy And Debt Consolidation Different?

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Are you in a bad financial situation and looking for a legal way to get you out of it? If so, you’ve likely heard about bankruptcy and debt consolidation. These are two different ways to go about solving your financial issues, which is why it helps to know the differences between the two. Debt Consolidation When you use debt consolidation, you are essentially taking all of your existing debts and combining them together.…

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5 Things You Need To Do Before Filing For Bankruptcy

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If you are thinking about filing for bankruptcy, there are some things that you need to do as you prepare your paperwork and get ready to start the formal process. These things will help you prepare for the formal process and ensure your future financial success. #1: Take a Credit Counseling Course You are going to be required to take a credit counseling course before you are able to file for bankruptcy.…

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3 Facts About Chapter 13 Bankruptcy

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Before you sign the documents needed to file a Chapter 13 bankruptcy case, you must know what it is and how it works. Chapter 13 is a branch of bankruptcy, but it does not work the same as a Chapter 7 case. If you want debt-relief assistance through Chapter 13, it might be wise to know the following three facts before filing. It Does Not Offer an Instant Discharge The first thing to know about Chapter 13 is that it does not offer an instant discharge like Chapter 7.…

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Questions To Consider Before Pursuing Bankruptcy

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There is no doubt about it – filing for bankruptcy is a big ordeal. As a result, people that consider filing should ask themselves some vital questions before pursuing bankruptcy. If you are on the verge of using bankruptcy for debt relief, here are some essential questions you should ask yourself before you file. Can You Use a Different Method to Get Out of Debt? As you ponder this decision, it might help to consider alternative ways out of debt.…

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Reasons to Find a Way to Solve Your IRS Tax Problems

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Having bill collectors calling and sending letters is never a good situation. These calls and messages can be draining on you, especially if you do not have the funds to pay these debts. An even worse situation is having the IRS on your back for taxes you owe. If you have the IRS after you for back taxes, you should find a way to solve this problem. Here are three reasons you should start looking for a solution to this issue.…

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4 Facts About Chapter 7 Bankruptcy

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Are you trying to get out of debt but having no luck? If you have tried everything and cannot find a way out, you could consider Chapter 7 bankruptcy. If you qualify for this branch of bankruptcy, you can experience significant relief from your debt problems. If you are considering this as an option, here are four facts you should know before you file. 1: You Cannot Use It If You Make Too Much Money…

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Why You Should File For Bankruptcy

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Filing for bankruptcy can be a difficult decision to make. You may be wondering if you should file or if you have other options. Bankruptcy is a big deal, and it should never be taken lightly, but it is one of your options to get you out of debt and give you the ability to pay your bills without spreading your money so thin that you don’t have money for food or anything else.…

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Things To Avoid Before Filing For Bankruptcy

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If bankruptcy is something you are highly considering right now, your lawyer will talk to you about things you should do before you file. He or she may also speak to you about things you should not do. If you do the wrong things before you file, you may jeopardize your case. Therefore, you must avoid the following things if you plan to file for bankruptcy soon. Do Not Buy Unnecessary Things with Your Credit Cards…

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What To Expect When Using A Lawyer For Your Personal Injury

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If you were injured due to an incident that wasn’t your fault, you’re likely ready to use the help of a personal injury lawyer to seek compensation. Here is what you can expect when going through the process while using a lawyer.  Consultation The whole process starts with a consultation. However, you may not be aware that the consultation is about both you and the lawyer agreeing that you are both a good fit for each other.…

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Will You Ever Rent Again After Filing for Bankruptcy?

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It’s only natural to be concerned about your credit future after bankruptcy. A chapter 7 bankruptcy filing has the advantage of eliminating nearly all of your debt in a single filing. Another positive aspect of chapter 7 filing is that the entire action can be completed in a matter of months. Along with the positive points, however, come the potential for several aspects of your financial situation to be affected by the filing.…

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