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Chapter nine. This is an additional repayment approach that permits towns, cities, along with other authorities entities the chance to reorganize and pay out back again their debts.
It's much easier to qualify for a Chapter thirteen bankruptcy but In such a case you should live on a rigorous court-requested budget and repay your debts. Not exciting.
I wrote the ebook, "The Truth About Bankruptcy in Virginia" to be a customer guidebook to the extremely Basic principles of bankruptcy, and to help people with generating informed alternatives regarding their economical future. Lots of people who would gain from filing choose to not thanks to preconceived notions or lousy information.
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