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Blog Posts in September, 2010

Common Debt Relief Questions

What is a secured debt? A secured debt is any type of debt that allows a creditor to make a claim on an asset such as a home or a car. What is an unsecured debt? An unsecured debt is any type of debt ...
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Can Anyone File for Bankruptcy?

Some people are on aware of the fact that there are restrictions on who can file for bankruptcy protection in the United States. In order to file for bankruptcy, such as Chapter 7 or Chapter 13, you ...
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Large Percentage of Bankruptcy Filers are Baby Boomers

According to recently released statistics, "baby boomers" make up a large percentage of bankruptcy filers in the United States. A recent study by the American Bankruptcy Institute's ABI Journal shows ...
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Federal Judge Dismisses Austin Mall's Bankruptcy Petition

Last week, a federal judge decided to dismiss a bankruptcy petition filed by the owner of Austin's Highland Mall, siding claims from anchor tenant Dillard's Inc., which had sued the mall in 2009 in an ...
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Associated Press Releases Economic Stress Index

In a new ranking by the Associated Press (AP), it is reported that the West Coast is the epicenter of economic stress in the country. The AP asserts that the taxing economy has inflicted maximum ...
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Does Bankruptcy Impact Social Security

If you are collecting Social Security and considering bankruptcy, you may be wondering how it will impact your income. According to federal laws, any income from Social Security is exempt. This means ...
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Former Auto Mogul Faces Bankruptcy Fraud Charges

This Tuesday, Denny Hecker is expected to plead guilty to criminal charges related to his bankruptcy case. Hecker is a former auto mogul from the Midwest. Recently, Hecker and his defense attorney ...
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Bankruptcy Filings Increase by 20%

According to recent statistics released on August 17, 2010 by the Administrative Office of the U.S. Courts, bankruptcy filings throughout the United States rose by 20%. Data was collected throughout a ...
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