Debt Relief Blog

Bankruptcy Laws Are Not a New Thing

You may be surprised to find out that as far back as the formation of the United States of America, the Federal government had the foresight to enact a set of rules and relief to help those people and businesses who could not pay back their creditors, found in the United States Constitution (in Article1,…
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What is the problem with too much credit card debt?

How many people do you know who actually carry cash on them any longer?  Most people have a few select credit cards in their wallet.  In fact credit cards have become something of a necessity in today’s digital market place.  For example, try to buy an airline ticket or reserve a car without one; you…
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What Is The Law of Chapter 7 Bankruptcy?

Congress long ago enacted the Chapter 7 bankruptcy law to allow people who are facing significant debt protect their basic property and set up a process to liquidate any unprotected assets in order to pay back their creditors. Once you file a case, a attorney appointed by the U.S. Department of Justice called a bankruptcy…
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