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Learn about the types of bankruptcy, what it takes to file and consider all the bankruptcy alternatives you could pursue instead, along with their pros and cons. A credit counselor can also help ...
But filing for bankruptcy can be a long, expensive process, so it should be one of the last things to consider if you have debt. For one, it does cost money to file. You’ll often need to pay ...
Once you have thoroughly assessed your financial situation, understood the pros and cons of the bankruptcy options available, and consulted with a lawyer, it's time to decide.
An individual who is badly in debt can typically file for bankruptcy either under Chapter 7 (liquidation, or straight bankruptcy) or Chapter 13 (reorganization).In some cases, options may also include Chapter 12 (family farmer reorganization) and Chapter 11 (reorganization of a company, or an individual debtor whose debts exceed the limits for a Chapter 13 filing). [2]
Court filing fees: The standard filing fee for a Chapter 13 bankruptcy is $313. Post-filing debtor education: A debtor education course is also mandatory after filing, and fees generally range ...
The United States Bankruptcy Court for the District of Arizona is the United States bankruptcy court in Arizona; it is associated with the United States District Court for the District of Arizona. Judges
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