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Bankruptcy
GotTrouble.com knows when you file for bankruptcy, you surrender your "non-exempt" property in exchange for forgiveness of your debts. Your property is sold, the proceeds are divided among your creditors, and you no longer owe those debts. Learn more about bankruptcy law and debt consolidation
Should you file for bankruptcy? Will this ruin your credit? Will this get rid of all of your debts? Will you lose all your property if you do? What property is "exempt"? What is debt consolidation?
What is a Chapter 13 "Wage Earner Plan"? What are its advantages and disadvantages? How do you qualify to use Chapter 13 and Chapter 11? What happens to your debts and property?
Chapter 13 or "ordinary bankruptcy" or neither one the best option for you?
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