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Blog Posts in November, 2011

Bankruptcy Case in Arkansas may Impact Foreclosures

Just one bankruptcy case in Arkansas could change the future of many foreclosures in the state. The case at question revolves around a Chapter 13 bankruptcy case for a large mortgage provider. ...
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Foreclosures Decrease in Certain Texas Regions

A three-city area in Texas is thrilled by the recent issue of one foreclosure report. Based on local data, foreclosure filings for this area have decreased. When compared to filings for the same ...
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Power Company Files for Chapter 11

A power company in Houston has angered hundreds of bondholders by announcing its new plans for Chapter 11 bankruptcy this month. The parent company issued a statement earlier this month announcing its ...
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Don't Stop Paying Your Debt before Speaking with an Attorney

Are you considering filing for bankruptcy in Texas? If so, don't stop paying your creditors just yet. Even if you file for Chapter 7 bankruptcy and are successful in being approved for it, you ...
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Statistics Show Decline in Bankruptcies

Although the decline is small, bankruptcy rates are falling after years of record-breaking figures. Nationwide, bankruptcy filings have declined by 8 percent over the twelve-month period ending in ...
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Foreclosure Can Lead to Poor Health

The results of a study published by a University in Maryland may not come as a surprise to those that have recently had their property go into foreclosure . Researchers at the university found that ...
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Chapter 7 Filers Can Pay Back Debts if They Choose

Although it is rare, a debtor is allowed to pay back a debt that has been successfully discharged in a Chapter 7 bankruptcy case. Why would someone want to do this? In nearly all cases, debtors are ...
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What is a Co-Debtor Stay?

A co-debtor stay is a feature of Chapter 13 bankruptcy that is sometimes also referred to as a co-debtor automatic stay. Under a co-debtor stay, anyone who has cosigned loans or in any other way ...
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Bankruptcy and Credit Card Debt

In Chapter 13 and Chapter 7 bankruptcy cases, credit card debts are usually the easiest debts to discharge. However, there are certain cases in which a credit card company might dispute the discharge ...
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