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Filing for Chapter 7 bankruptcy in Raleigh offers the debtor a fresh financial start. Chapter 7 bankruptcy liquidates assets to help pay off debts. It also grants an automatic stay to protect the debtor from collectors and creditors. Many debtors prefer filing for Chapter 7 bankruptcy because it discharges most debts. However, not everyone is…
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It is now becoming increasingly common to see senior citizens in deep financial trouble. Many are struggling with huge medical bills, credit card debt, and other payments that exceed their monthly income. If this sounds familiar, Chapter 7 bankruptcy lawyers in Raleigh, NC may be able to provide a way out. The Rise of Seniors…
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A lot of people equate bankruptcy with failure and an uncertain future, but that is far from the truth. Filing for bankruptcy has many advantages depending on your situation. Declaring bankruptcy allows individuals to resolve their financial difficulties and start rebuilding their credits. To decide if bankruptcy is for you, bankruptcy lawyers in Raleigh, NC…
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When filing for bankruptcy, some properties are protected or exempted from liquidation. It is your responsibility to ask bankruptcy lawyers in Raleigh, NC about the exemptions that apply to your case. For Chapter 7 bankruptcy, these exemptions determine the property you can keep. In Chapter 13, the exemptions determine the amount you will pay creditors…
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Depending on the situation, filing for medical bankruptcy in Raleigh can be the best option for the struggling individual. With the help of Weik Law Office, you may be able to get back on your feet sooner than you think. Types of Debt Relief for Medical Debt Medical debt is the top reason for bankruptcy…
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