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Thanks to the new bankruptcy reform laws, many Americans who are overburdened by their credit card debt will no longer qualify for Chapter 7 bankruptcy protection. However, consumers need to know that an alternative exists for people to walk away from 100% of that debt, without bankruptcy, consolidation, or refinancing. The program is applicable to all major credit cards, unsecured lines-of-credit, and signature loans. The process that is used to discharge debt is based off of U.S. Supreme Courts decisions, Title 15 United State Code (USC) section 1692, the Fair Debt Collections Practices Act, section 1601, the Fair Credit Billing Act, the Uniform Commercial Code (UCC), section 203, and numerous Banking
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Personal Bankruptcy Lawyers Forced to Reduce Rates as National Bankruptcy Filings Decline
CHICAGO, IL-- - Last year's 12 percent drop in bankruptcy filings may be good news to consumers, but for the lawyers who represent them it could mean a substantial blow to the budget.According to a recent ...
Wed, 01 Feb 2012 16:29:00 -0800

Sacramento developer Kolokotronis files for Chapter 7 bankruptcy
Sacramento developer Sotiris Kolokotronis filed for personal bankruptcy Friday following years of legal battles over a failed Elk Grove housing complex.
Fri, 03 Feb 2012 23:19:23 -0800

Sacramento developer Sotiris Kolokotronis files personal bankruptcy
Prominent Sacramento developer Sotiris K. Kolokotronis filed personal bankruptcy on Friday, listing debts of 0 million.
Fri, 03 Feb 2012 16:29:01 -0800

Law grads go to court for bankruptcy protection
(Reuters) - When Diana Valle decided to intern at a bankruptcy firm during law school, she had no idea how useful the experience would prove - in her own case. Shortly before graduating from the University of Maryland School of Law, the 26-year-old Valle, burdened with 0,000 in student debt and with no immediate job prospects, filed for Chapter 7 personal bankruptcy protection. "I was really ...
Fri, 03 Feb 2012 07:25:45 -0800



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Filing bankruptcy is a stressful time in a person's life. Along with discharging your debts and gaining a fresh start, you may wonder if you will be able to buy a home after a bankruptcy. The answer is yes! Mortgage companies and online lenders are now offering home loans for those who have a bankruptcy on their credit report. Some lenders will even approve your loan as soon as one day after your bankruptcy has been discharged.Buying a home after bankruptcy is no longer impossible. There are many reasons a person chooses to file bankruptcy. The loss of a job,
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