What is bankruptcy?

Related FAQs

Are there any special provisions for filing for bankruptcy as a business?
How does the bankruptcy court decide which creditors will get paid?
Is there anything I can do to rebuild my credit after bankruptcy?
Does filing for bankruptcy have any effect on other legal proceedings?
How will filing for bankruptcy affect my spouse?
Are there any assets that I will be required to sell when filing for bankruptcy?
How can I find a qualified bankruptcy attorney?
What types of debt can be discharged through bankruptcy?
Does bankruptcy eliminate liens?
What is the difference between secured and unsecured creditors?

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