Chapter 13 puts a hard-pressed debtor over a repayment system and features various forms of relief. To begin with, a freeze on collections commences when the bankruptcy petition is submitted.
Most bankruptcy filers do not have Substantially hard cash available when filing for bank
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At our bankruptcy legislation f
Example. Lorainne owned an art appraisal business to be a sole proprietor. After her Chapter seven bankruptcy, she ongoing Doing work as usual. The trustee could not market the business since all income was generated through Lorainne's labor.
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