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Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

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Winterize Your Money

As the seasons change it reminds us that winter is just around the corner and, with it, the holidays. Many people are preparing their homes for the cold temperatures and stocking up on must have holiday items, but most people haven’t begun to think

6 min read

Think Twice About Payday Loans

Look around you, nearly every corner or street has at least one payday loan company in operation. Many people are drawn to the fast and each cash offered by these companies. So why, if they are so popular and located on every street, are they a bad

6 min read

Borders Assets Not Up For Grabs

Earlier this year, the nation’s second largest bookstore chain filed for bankruptcy. After much negotiation, Borders was bought out by Barnes & Noble in a bankruptcy auction. Barnes & Noble stood to inherit all of the remaining Borders assets

6 min read

Renting After Bankruptcy

Many people worry about what life will be like after they file for bankruptcy. Luckily, there isn’t much to worry about because bankruptcy laws prevent discriminatory action based on a filing status. Most people find that their life after bankruptcy

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Bankruptcy Myths # 1: I will Lose My Assets

It isn’t uncommon to hear people say they fear losing all of their assets when filing for bankruptcy. People assume that their assets will be seized and liquidated by creditors in order to satisfy their debts. Although there are some instances in

6 min read

Why Chapter 13 May Be The Better Option

When it comes to the decision to file for bankruptcy, you may think there isn’t much difference between Chapter 7 and Chapter 13. In fact, your financial situation is as unique as the risks and benefits associated with filing one case over the other

6 min read