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Monthly Archives: January 2022

FileBank

The Myth Of The Deadbeat Bankruptcy Filer

By Kelley Kaplan & Eller |

When people talk about why they don’t want to file for bankruptcy, they will often talk about losing their property or losing money. The reality is that people rarely lose anything in bankruptcy. But here is the real reason many people don’t file for bankruptcy: They are afraid of being seen as “deadbeats,” or… Read More »

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Keeping Inheritances In Bankruptcy

By Kelley Kaplan & Eller |

As a general rule, property that you own before you file for bankruptcy needs to be protected in order for you to keep it. But any property that you get or earn after your bankruptcy discharge is yours. The bankruptcy court can’t “reach out” after the case is closed and over and take property… Read More »

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Here’s Why You Won’t Lose All Your “Stuff” In Bankruptcy

By Kelley Kaplan & Eller |

The way that bankruptcy works at its most fundamental level is that you give up your things, they are sold, they pay off your creditors in full or in part, and you are debt free. Except, there’s one problem with that fundamental—which most people believe is true, but which in fact is not: You… Read More »

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