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2. Common types of bankruptcy and how to avoid filing - AOL

   www.aol.com/finance/common-types-bankruptcy...

   Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances. Use ...

3. Chapter 11, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_11,_Title_11...

   Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]

4. Bankruptcy in the United States - Wikipedia

   en.wikipedia.org/wiki/Bankruptcy_in_the_United...

   Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...

5. History of bankruptcy law in the United States - Wikipedia

   en.wikipedia.org/wiki/History_of_bankruptcy_law...

   The Bankruptcy Judges, United States Trustees, and Family Farmer Bankruptcy Act of 1986 made substantive changes relating to family farmers and established a permanent United States trustee system. The 1986 Act applies to cases filed since November 26, 1986. The Bankruptcy Reform Act of 1994 is effective as to cases filed on or after October 22 ...

6. Late on Chapter 13 bankruptcy payment. What now? - AOL

   www.aol.com/finance/chapter-13-bankruptcy...

   Here are some of the actions to take if you think you may be late or unable to make payments: Reach out to your bankruptcy trustee and request more time to catch up. Notify your attorney if you ...

7. Are unemployment benefits safe from wage garnishment? - AOL

   www.aol.com/finance/unemployment-benefits-safe...

   Filing for bankruptcy is another way to stop many forms of wage garnishment. This approach won’t protect your unemployment benefits in all cases. For instance, filing Chapter 7 bankruptcy will ...

8. Insolvency - Wikipedia

   en.wikipedia.org/wiki/Insolvency

   v. t. e. In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor ), at maturity; those in a state of insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed ...

9. 7 Possible Reasons Your Credit Score Just Plummeted - AOL

   www.aol.com/7-possible-reasons-credit-score...

   Check Out: 9 Things the Middle ... You’ll also see a huge drop in your credit score if you file for bankruptcy. A Chapter 13 bankruptcy or home foreclosure will stay on your credit reports for ...