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Posts tagged "Bankruptcy"

Facts you need to know about the bankruptcy means test

When you find yourself in dire financial straits, bankruptcy may be the best way to resolve your situation. The preferred form of bankruptcy for most Massachusetts residents is Chapter 7. It is relatively fast and in many cases allows you to keep some of your possessions. Unfortunately, the bankruptcy means test deters some people from considering this as a remedy.

A look at the pros and cons of a Chapter 7 bankruptcy

There are many reasons for a financial crisis such as the loss of a job or a medical emergency. It is typically impossible to predict these life-changing events and the financial damage they cause. When the time comes to remedy this financial damage, many people consider filing a Chapter 7 bankruptcy.

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