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Tips
While bankruptcy law was originally intended to allow you to make a second start after incurring overwhelming debt, don't expect it to be easy or simple to file these days. You'll have to set up payment plans for all your existing debts, and in most cases they'll be handled by a court-appointed trustee who will collect the money from you to pay them.

Although bankruptcy law varies from state to state, you should be aware that even in states like Texas, where the court has to leave you with your homestead and one automobile, you'll still have to make the payments on those items to avoid foreclosure and repossession.

Because bankruptcy laws are no longer advantageous to the average citizen, it's a good idea to thoroughly explore the alternatives to bankruptcy first. Bankruptcies can stay on your credit for up to ten years, making it extremely difficult to get loans or any form of credit.


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Legal Homepage

Looking for a Anchorage Bankruptcy lawyer?

"Who is a bankruptcy lawyer?
A bankruptcy lawyer is a skilled professional, who traditionally provides legal help for bankruptcy.

Why do you look for one?
If you need a professional bankruptcy lawyer:
» To help you through a bankruptcy,
» To determine if you qualify for bankruptcy,
» To help you to find help with creditors,
» For the legal aspects of bankruptcy and debt,
» To work to keep your assets,
then you look for a bankruptcy lawyer.

Where do you find a bankruptcy lawyer?
Firmcity will help you to find the best bankruptcy attorney providing informative, professional, and complete services. Check our listings to find the best bankruptcy lawyer close to you. Whether a private firm or a large practice, you should prefer a licensed bankruptcy lawyer."
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