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Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to creditors. In most jurisdictions, bankruptcy is imposed by a court ...

Bankruptcy | United States Courts


About Bankruptcy Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor ...

Bankruptcy Basics | United States Courts


Bankruptcy Basics provides general information about federal bankruptcy laws and the bankruptcy process. It is not a guide for filing for bankruptcy.

Pros and Cons of Declaring Bankruptcy under Chapter 7 - FindLaw


There's no question that deciding whether to declare bankruptcy is very difficult. It affects your future credit, your reputation and your self-image. It can also.

Bankruptcy - Chapter 7, 13 & 11 - Free Legal Encyclopedia - Nolo.com


Learn about bankruptcy (Chapter 7, Chapter 13, and Chapter 11) for consumers and business owners. Find out how bankruptcy works, what debts are ...

Bankruptcy Definition: What Exactly Is It? - FindLaw


This article will explain the basics of both Chapter 7 and Chapter 13 bankruptcy. Bankruptcy is a generalized term for a federal court procedure that helps ...

Bankruptcy - FindLaw


Welcome to FindLaw's Bankruptcy and Debt Center. Here you will find information and resources for resolving debt problems. Learn about the pro's and con's of.

Bankruptcy | Wex Legal Dictionary / Encyclopedia | LII / Legal ...


Bankruptcy law provides for the reduction or elimination of certain debts, and can provide a timeline for the repayment of non-dischargeable debts over time.

Bankruptcy Definition | Investopedia


A legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the debtor ...

Filing for Bankruptcy: What to Know | Consumer Information


If you plan to file for bankruptcy protection, you must get credit counseling from a government-approved organization within 180 days before you file. You also ...

A legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the debtor (most common) or on behalf of creditors (less common). All of the debtor's assets are... More »
Bankruptcy Facts
Bankruptcy is a legal process that provides a means of relief for consumers who have large amounts of debt that they are unable to pay off. There are several different types of bankruptcy and each offers its own benefits and drawbacks. Consumers are... More »
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