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Not All Debts Can Be Discharged in Bankruptcy

Bankruptcy gives people who have accumulated too much debt a chance to start over. Often, people end up in debt because an accident or illness left themĀ  with medical bills at the same time as it left them without the ability to work. Bankruptcy helps people to leave the cage of debt so that they… Read more »

A Lawyer Can Help To Identify Exempt Assets in Chapter 7 Bankruptcy

Bankruptcy is often caused by medical bills or a business failure. Many people fear that filing for bankruptcy could cause them to lose their home and everything that they own. Fortunately, bankruptcy laws allow debtors to keep certain types of assets. These assets are “exempt” and do not become part of the bankruptcy estate that… Read more »