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  2. Can you save money by not hiring a bankruptcy attorney? - AOL

    www.aol.com/finance/save-money-not-hiring...

    Your lawyer can help negotiate with creditors to help you keep your assets, like your house or car, in Chapter 7 bankruptcy. They can also negotiate monthly payments and interest rates in Chapter ...

  3. Before You File for Bankruptcy, Consider These 3 Alternatives

    www.aol.com/file-bankruptcy-consider-3...

    A Chapter 7 bankruptcy (or BK, as we call it) would eliminate most or all of their debts and they would get a clean slate. No litigation client ever wrote me a thank-you note, but plenty of my ...

  4. When should I file for bankruptcy? - AOL

    www.aol.com/finance/file-bankruptcy-011643245.html

    How does bankruptcy affect your credit? Both Chapter 7 and Chapter 13 will bring your credit score down significantly. If you start out with a credit score of 700 or higher, point losses of 200 or ...

  5. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    Federal Law No. 127-FZ "On Insolvency (Bankruptcy)" dated 26 October 2002 (as amended) (the "Bankruptcy Act"), replacing the previous law in 1998, to better address the above problems [non sequitur] and a broader failure of the action. Russian insolvency law is intended for a wide range of borrowers: individuals and companies of all sizes, with ...

  6. 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were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...

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

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

    Chapter 11 cases dropped by 60% from 1991 to 2003. One 2007 study [40] found this was because businesses were turning to bankruptcy-like proceedings under state law, rather than the federal bankruptcy proceedings, including those under chapter 11. Insolvency proceedings under state law, the study stated, are currently faster, less expensive ...

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