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Chapter 7 Bankruptcy Archives

Yay! Life! LLC files for bankruptcy

Sometimes, small businesses can't keep up with the demand for their services. Other times, they struggle to make enough money to keep their doors open. Regardless of the reason for a small business's struggles, if the business can't stay profitable, the owner may want to consider filing for liquidation bankruptcy.

Should you file for bankruptcy with your spouse?

You and your spouse have been struggling with debt for a while, but when you had to add on thousands in medical debt because of a car crash, you nearly lost all hope. You were just starting to feel that you were making progress, and now it's all lost. You're frustrated and tired of dealing with the situation.

Don't let a fear of bankruptcy hold you back if you need to file

There are many times when people say that they're in dire financial straits but haven't yet considered bankruptcy. Bankruptcy is like a bad word to most people, but the reality is that it's a helpful legal option if you're struggling with debt.

You can protect your assets against judgments and creditors

You fell into debt when you lost your job, and things have been tough around your home. You and your spouse have had some hard times in the past and know you'll get through them, but with creditors knocking at your door, you're not sure how to react. You just want to resolve these issues and go back to living life normally.

Chapter 7 bankruptcy could help you eliminate debt

There are several kinds of bankruptcy that you may be looking into, but if you qualify, Chapter 7 bankruptcy is one of the best. Chapter 7 bankruptcy is the simplest kind of bankruptcy because it helps you eliminate all of your unsecured debt without having to make payments.

Is Chapter 7 bankruptcy a good choice for you?

Florida residents like you may feel pressed into a corner when considering filing for bankruptcy. However, we at Kingcade Garcia McMaken will show you that filing for bankruptcy doesn't have to be the difficult, world-ending thing that some people make it out to be.

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