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The automated stay will temporarily prevent a foreclosure once you file for Chapter seven. But when you are driving on the home finance loan payment if you file, the very best it is possible to hope for is delaying the procedure for a handful of months.Bankruptcy is usually a legal proceeding for individuals or firms which have been unable to repay
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Bankruptcy Will Discharge Most Lawsuit Judgments Nearly all lawsuit judgments against bankruptcy debtors entail unpaid debts. Having said that, whether or not the lawsuit resulted in a judgment, the bankruptcy will get rid of your liability provided that the personal debt qualifies for discharge.In the event the judicial officer rules in favor with
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