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Debt management plans, bankruptcy counseling, student loan counseling and housing counseling are all popular credit counseling services. ... You can also search for a list of approved credit ...
Counseling you about what property you might be able to hold on to. Provide input on the tax consequences you will face. Advising you about whether you should continue making payments to creditors.
Find a reputable counselor or agency through places like the National Foundation for Credit Counseling (NFCC), the Financial Counseling Association of America (FCAA) or the U.S. Department of Justice.
The National Foundation for Credit Counseling (NFCC), founded in 1951, is the largest and longest-serving nonprofit financial counseling organization in the United States. NFCC member agencies provide access to financial counseling services for consumers.
BakerHostetler, through partner Irving Picard and his team, has been overseeing the liquidation of Bernard Madoff’s firm in bankruptcy court, and has so far recovered over $14 billion [14] —about 70 percent of approved claims—by suing those who profited from the scheme, whether they knew of the scheme or not. [15]
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
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