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That depends on the type of bankruptcy you qualify for. Which has a Chapter 7 bankruptcy, your assets might be bought (other than Maybe your home and vehicle), plus your creditors is going to be paid off With all the proceeds.Advice. Does the corporate offer a certified individual who will listen and have an understanding of your specific situation
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Less than Chapter eleven bankruptcy, a small business with enough funds circulation can stay open up and make smaller every month payments to creditors.Filing for bankruptcy can negatively affect numerous areas of your life, not just your personal credit rating or financing eligibility.S. Bankruptcy Court, Element of the federal courtroom system. E
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