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You'll have heard of Chapter seven and Chapter thirteen bankruptcy (All those are The 2 most commonly encountered bankruptcies for individuals), but Do you know there are literally six types of bankruptcy out there? Here's a brief rundown of the differing types of bankruptcy filings:Chapter 9. This is another repayment plan which allows cities
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As soon as granted, the lender can comprehensive the foreclosure sale, although the filer will not be accountable for any deficiency balance. The filer’s own legal responsibility on any balance remaining owing around the house loan or any lines of credit history secured by the house is removed through the discharge.S. Bankruptcy Courtroom. Follow