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If you are considering filing for bankruptcy, it may be because you have too many monthly payments to manage. You’re expected to pay out more than you earn, and it’s simply not sustainable. This isn’t due to frivolous spending—your debt has become unaffordable, and you want…
When you file for bankruptcy (under any chapter, including Chapter 7), an immediate legal protection goes into effect. It’s called the “automatic stay,” and it acts like a shield, protecting you from most creditors. Here’s how it works: As soon as you file, most garnishments must…
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