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Bankruptcy

: The Debt Podcast

What are the advantages of filing Chapter 7?

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Most clients come to see me not because they don’t want to pay their bills but because the bill collectors won’t quit calling them.  If they qualify, I advise them to file a Chapter 7 bankruptcy for two primary reasons.  First, the filing of the case imposes an automatic stay which stays any creditor from collecting [...]

Full post as published by The Debt Podcast on August 30, 2009 (boomark / email).

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