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What Bankruptcy Can and Cannot Do?
May 22, 2023
Bankruptcy helps individuals and businesses struggling with overwhelming debt. Chapter 7 bankruptcy, also known as "liquidation" bankruptcy, allows the sale of the debtor's non-exempt assets to pay off as much...
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What Is Bankruptcy Fraud?
May 15, 2023
Unexpected personal crises like divorce, health problems, and unemployment are common reasons for declaring bankruptcy. Most people who file for bankruptcy are often individuals undergoing severe financial crises....
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Franchise Bankruptcy and Chapter 11
April 17, 2023
Bankruptcy is sometimes the most appealing alternative for a franchisee, but it's also not the worst-case scenario, and it isn't unpleasant for a franchisor. Looking at the brand's future holistically, business...
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Exemptions in Chapter 7 Bankruptcy in Los Angeles
February 17, 2023
Using bankruptcy exemptions when filing for bankruptcy under Chapter 7 allows you to keep some of your valuable assets and dispose of others to pay your debts. At the very least, the process does not entirely...
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Exemptions In Chapter 13 Bankruptcy Work in Los Angeles
January 18, 2023
Exemptions in bankruptcy enable filers to have a new beginning by allowing them to retain some assets like their primary residence. Exemptions also play an essential role in determining the amount you should pay...
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California Bankruptcy Exemptions Work?
December 27, 2022
Declaring bankruptcy in California can help relieve debtors and have a fresh start in their life. Many think bankruptcy involves the creditor taking away all personal properties, including vehicles and homes....
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How Does Bankruptcy Affect Your Assets in Los Angeles?
December 2, 2022
Most people filing for bankruptcy often have concerns about how bankruptcy will affect their assets. These proceedings could be complicated, but working closely with a bankruptcy attorney will ensure that you make...
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