Choosing The Correct Foreclosure Option To File Under: "Anyone deciding to file for bankruptcy will quickly find out that there are various types that can be filed. For an individual, Chapter 7 is, by far, the most popular filing in the country.
There is a good reason why Chapter 7 is the most popular type of bankruptcy filed. And that is because it provides them with the opportunity to virtually get rid of all of their debts and begin their financial life with a pretty much blank slate. Regrettably, this kind of bankruptcy has some financial limits which you have to fulfill in order to file. If you don't meet these financial criteria, the court will probably force you to file under Chapter 13 which is really more of a reorganization plan that rearranges your debt as opposed to discharging them."... (Click on title link above to read entire article on foreclosure options.) ...
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About Me
- Thom
- Graduated from University of Central Missouri with a Bachelor of Science degree in Agri/Business.
USAF Veteran, Writer, Artist, Photographer, Speaker, Seminar Leader, Direct Response Copywriter & Strategist, Marketing Coach
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The owner of this website is an affiliate/advertiser for providers of products and/or services listed on this website and may receive compensation if you purchase those products and/or services. All referrals are made in good faith for sources believed to be credible and that offer good value. In all cases the decision to purchase, or not to purchase, should be made after performing your own due-diligence on the efficacy and suitability of the product or service being offered. By clicking on product/service links on this website you agree to hold this website's owners harmless in the event the product/service is found to be unsuitable for any reason. All claims for refunds must be made to the supplier/vendor of any product/service you purchase from any link on this site..