Tag Archive for: filing for bankruptcy

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Can a person in Alabama file for bankruptcy alone if they are married?

Ashville, AL—Individuals in Alabama have the option of filing for bankruptcy independently or jointly with their spouses. They will want to consider whose name the debt is in, however, as filing for bankruptcy could impact both individuals.   Reasons…
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Is it bad to file for bankruptcy young?

Alabama—There are pros and cons to filing for bankruptcy in the State of Alabama, regardless of how old a person is. Filing for bankruptcy could make it difficult for the filer to obtain a credit card or loan in the following years, but they…
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Initial Steps to Take if You’re Considering Filing for Bankruptcy in Tulsa, OK

For some, bankruptcy wipes away most, if not of all of their debt, providing them with a clean slate to work with. For others, bankruptcy allows for reorganization so that an individual and/or business is able to get a better handle on their…
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Can I have my federal student loans discharged if I declare bankruptcy in Tulsa, Oklahoma?

When a person files for bankruptcy, certain debts are discharged, meaning the individual is no longer obligated to pay them. Once a debt is discharged, the creditor who the money was initially owed to is prohibited from taking any sort of action,…
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What are the consequences of filing for bankruptcy in Oklahoma?

If you’ve accrued a significant amount of debt you can no longer pay back and have creditors taking legal action against you, you might be considering filing for bankruptcy. While bankruptcy will help you eliminate some of your debt and pay…