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Wage garnishment is a legal process that allows a creditor to collect a debt by deducting a portion of a debtor's wages directly from their paycheck. Employers are not always aware of their responsibilities when...
Read More...Oftentimes, two of the more troubling questions bankruptcy filers seek answers to are "What is a bankruptcy discharge?" and "What debts can be discharged in a bankruptcy proceeding? The specific rules for...
Read More...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...
Read More...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....
Read More...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...
Read More...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...
Read More...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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