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The study found that "about half" of bankruptcy filers in the year 2001 cited out-of-pocket medical bills in excess of $10,000 as a major contributor to bankruptcy (the average bankruptcy filer in this study was a 41-year-old woman with a median income of $25,000, slightly below the personal income average for that year).
Aug. 21—Several local counties saw big increases in eviction filings last year — Butler County had the highest eviction rate in the state, and Montgomery County had the most new eviction cases ...
Depending on whether you file Chapter 7 or Chapter 13 bankruptcy, that protection can last from 30 days to as long as five years. Though often a last resort, filing bankruptcy can give you a ...
Here’s a look at the eviction process and the tools that you have. The Eviction Process According to the Consumer Financial Protection Bureau (CFPB), the eviction process has three stages.
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]
An analysis by the Aspen Institute indicated between 19 and 23 million, or 20 percent of renters, were at risk for eviction by the end of September, 2020; [19] a separate July 2021 United States Census Bureau survey projects 7 million households unable to pay rent and at risk of eviction, with a potential 3 million eviction filings in the next ...
The New Jersey-based company faced inflationary pressures on product costs, which reduced consumer spending, according to CEO Barry Litwin, as well as $800 million in outstanding debt. Red Lobster
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