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With the help in the court docket, both you and your creditors will layout a repayment strategy that lasts from 3 to five years. Once the judge approves your proposal, you will deliver month to month payments into a court-appointed trustee. They will gather and distribute your payments on your creditors for your period of one's agreement. Following

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Stage seven – Discharging the Bankruptcy – In case you have a Chapter seven bankruptcy in Fredericksburg, the trustee will come to a decision no matter whether you've residence which is worth seizing to offer and spend creditors. Should you have a Chapter thirteen bankruptcy, you will ship the trustee all of your current disposable regular mont

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chapter 7 bankruptcy for Dummies

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