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  2. Should You Declare Bankruptcy? Here's How to Decide - AOL

    www.aol.com/declare-bankruptcy-heres-decide...

    Bankruptcy will whack your credit, but Chapter 7 may allow you to start rebuilding relatively quickly, while Chapter 13 will have longer-term effects. You could have a decent credit score (above ...

  3. Bankruptcy vs. default: Which route is best for you? - AOL

    www.aol.com/finance/bankruptcy-vs-default-route...

    Filing for bankruptcy, on the other hand, is a legal process that involves listing your debts and assets and finding a way to resolve the debts. Default and bankruptcy usually go hand in hand.

  4. When should I file for bankruptcy? - AOL

    www.aol.com/finance/file-bankruptcy-011643245.html

    Chapter 7 and Chapter 13 bankruptcy are common options for individuals with unmanageable debt. Bankruptcy may be the right choice if you’re facing overwhelming debt, frequent creditor calls or ...

  5. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    A Bankruptcy Exemption defines the property a debtor may retain and preserve through bankruptcy. Certain real and personal property can be exempted on "Schedule C" [42] of a debtor's bankruptcy forms, and effectively be taken outside the debtor's bankruptcy estate. Bankruptcy exemptions are available only to individuals filing bankruptcy. [43]

  6. Bankruptcy in the United States - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_in_the_United...

    Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...

  7. Should I file bankruptcy for $12K debt? - AOL

    www.aol.com/finance/file-bankruptcy-12k-debt...

    Key takeaways. There is no minimum amount of debt required to file for bankruptcy. Because of legal fees and long-term financial consequences, it may not be worth filing with less than $10,000 in ...

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