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Explaining the best and worst sides of each bankruptcy Chapter

Chapter 7 Best aspects It brings instant debt relief, means the debtor receives a full discharge on all debts. The bankruptcy under Chapter 7 allows keeping...

Rich and famous who went bankrupt!

Contrary to common belief bankruptcy is faced by many famous and wealthy people too. Nothing is guaranteed in life and celebrities also know how...

Chapter 11 bankruptcy: an overview

Chapter 11 is one of the most popular among business entities, as it was designed especially for financially drowning business corporations. Chapter 11 is...

Bankruptcy Chapters and their main features

Bankruptcy is a legal process of debt relief that allows individuals or business entities cancel or reorganize their financial obligations. Many see bankruptcy as...

Bankruptcy. What is it?

Bankruptcy could become a great solution for those who don’t see any other way to get rid of debts and financial obligations they are...