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Chapter 11 Bankruptcy Basics

Chapter 11 Business Bankruptcy Case Basics Upon filing a petition for a business in Chapter 11 bankruptcy the debtor assumes a new role as “debtor in possession” 11 USC 1101. This term means a debtor who keeps control and possession … Continue reading

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Real Estate Market Drives More Chapter 13 Filings.

The good news, that house you bought in 2008 has almost doubled in price. The bad news, you’re still struggling each month and no progress is being made on the credit card balances. Today’s chapter 13 filer in Chapter 13 … Continue reading

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What Happens to Debt When We Die?

Debt and Death. What Happens to Debt When We Die? I am writing this primarily to combat unscrupulous debt collectors who tell mourning family members that a dead person’s credit card debt survives death and needs to be paid by … Continue reading

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