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Why hiding assets is a bad idea when filing bankruptcy

You have likely heard the expression that “Honesty is the best policy.” Not only is that true, but telling the truth is absolutely necessary when it comes to filing bankruptcy. Lying in a bankruptcy case is a violation of federal…

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Filing for Bankruptcy: Choosing Between Chapter 7 and Chapter 13

coming to the conclusion that you need to file bankruptcy

For those who’ve hit financial strain and are considering filing for bankruptcy, the process can appear confusing. You might have heard a lot of information that makes you afraid to even see what your options are – which is a…

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Read This: Bankruptcy Glossary

Bankruptcy Glossary

Even the most responsible borrowers can’t always repay their debts, so if you plan to start a business or obtain a mortgage, make sure to have an exit strategy. Bankruptcy can provide a way out of unmanageable debts. The terms…

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Common Issues Faced by Companies Who Filed Bankruptcy

Bankruptcy Attorneys in Athens GA

This blog will discuss the issues faced by companies filing for both Chapter 7 and Chapter 11 Bankruptcy. First, though, let’s cover the differences between the two types. When a company files for Chapter 7, it liquidates all remaining assets to…

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