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  2. Avoiding Foreclosure: Declaring Bankruptcy Sometimes Helps - AOL

    www.aol.com/2010/07/23/filing-for-bankruptcy-to...

    It's sad but true. Americans are increasingly filing for bankruptcy in order to avoid foreclosure. Katherine Porter, a bankruptcy expert at Harvard Law School, estimates that 75 percent of Chapter ...

  3. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    In particular, filing for bankruptcy will cause an injunction to go into effect, known as an automatic stay. An automatic stay will stop foreclosure proceedings as long as bankruptcy remains in ...

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

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

    Filing for bankruptcy without legal representation requires careful thought and preparation. While it can reduce costs, the complexities of bankruptcy law can be challenging and risky.

  5. Chapter 13, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_13,_Title_11...

    The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...

  6. Chapter 13 bankruptcy: What you need to know - AOL

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

    Advantages of filing for Chapter 13 bankruptcy. While bankruptcy will stay on your credit report for up to seven years, there are multiple reasons you may want to choose Chapter 13 over other options.

  7. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    Bankruptcy exemptions are available only to individuals filing bankruptcy. [43] There are two alternative systems that can be used to "exempt" property from a bankruptcy estate, federal exemptions [44] (available in some states but not all), and state exemptions (which vary widely between states). For example, Maryland and Virginia, which are ...

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

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

    Before You File for Bankruptcy, Consider These 3 Alternatives. Steve Strauss, The Motley Fool. October 19, 2024 at 7:30 AM ... After a while, without the harassment and paying off the debt, you ...

  9. Florida bankruptcy law - Wikipedia

    en.wikipedia.org/wiki/Florida_Bankruptcy_Law

    Filing for bankruptcy without an attorney is called in the law, filing pro se. The bankruptcy court highly recommend that you only file for bankruptcy with the assistance of an attorney. [ 7 ] Many people file pro se to stop a foreclosure sale and do not intend to complete the bankruptcy case.

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