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That depends on the kind of bankruptcy you qualify for. By using a Chapter 7 bankruptcy, your assets might be marketed (except Probably your own home and automobile), and your creditors might be paid off While using the proceeds.Nonetheless, some debts, like scholar financial loans and taxes, will keep on being. There are strict specifications for
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You can owe them exactly the same volume which was thanks prior to declaring bankruptcy, minus any payments you created in advance of your case’s dismissal. Additionally, just after dismissing your case, you could experience accrual of fascination on remarkable debts, harm to your credit history rating, and an prolonged ready period just before s