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Can I File for Bankruptcy More Than Once?

Filing for bankruptcy can be a challenging and difficult process. However, in some situations, it’s a debtor’s only viable option. In this article, we will delve into the fundamentals of filing for bankruptcy multiple times.

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What You Need to Know About Bankruptcy and Divorce

Dealing with bankruptcy can become an overwhelming experience. Determining your options can be confusing, and decisions can be tough. If you’re considering bankruptcy, you’re not the only one.

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What Not to Do Before Filing For Bankruptcy

If your debts have gotten out of hand and you’re struggling to keep up with the monthly payments – perhaps you pay just the minimum, skip some and pay others, or even pay less than the minimum – know that you're not alone. And you have options to pursue financial security.

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How Bankruptcy Affects Your Spouse

Bankruptcy is a difficult decision to make and can have a significant impact on your finances and credit score. If you are married, the decision to file for bankruptcy can also affect your spouse, even if they are not filing with you.

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When Is Filing Bankruptcy a Good Option?

For anyone who has faced money problems at some point in their life, you know how stressful and overwhelming it can feel. It can often be hard to know the right steps to take to pay off creditors, consolidate your debt, or take the major step of filing for bankruptcy.

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Chapter 7 vs. Chapter 13

When you are facing major financial difficulties, it is important to be informed of your legal options. Filing for bankruptcy could give you the fresh start you need to move forward with your life. There are advantages and disadvantages to the two primary types of bankruptcy: Chapter 7 and Chapter 13.

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Dispelling Bankruptcy Myths

Dealing with bankruptcy is a stressful and confusing situation. With so many myths and misconceptions about bankruptcy, it can be hard to spot the truth. At Schwartz, Hanna, Olsen, & Taus, P.C., we strive to clear up misconceptions about bankruptcy to our clients in Middlesex County, New Jersey. We help our clients see their options so they can make informed decisions, so reach out to us with any questions you have.

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Preparing for Bankruptcy

When overwhelmed with debts or going through financial distress, filing for bankruptcy is among the promising solutions to remedy your financial condition and achieve debt relief. However, there are many collective popular notions surrounding the bankruptcy process.

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Repairing Your Credit After Filing for Bankruptcy

You have plans for your future, but when financial troubles hold you back, it may feel like you’ll never achieve those plans. It may seem like money problems will prevent you from reaching your dreams.

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How Long Does Bankruptcy Appear on a Credit Report?

Unfortunately, falling into financial trouble is easy, but climbing out of it is much more difficult. Whether medical bills, consumer spending, or another type of expense put you into debt, it can feel like it’s impossible to pay it all back. If you are in significant debt, you might feel like there is no solution and no way to get your finances back on track.

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