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Bankruptcy 101

What is bankruptcy? Insolvency Balance sheet insolvency:  liabilities exceed assets. Equity insolvency:  inability to pay debts as they become due. Bankruptcy One does not have to be insolvent to voluntarily go bankrupt, but as a practical matter, bankruptcy is the…

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How to Choose a Bankruptcy Lawyer?

People who are considering bankruptcy are typically facing numerous obstacles.  They are undoubtedly facing serious financial pressure from one of more of their creditors and are in desperate need of relief.  Moreover, they are not sure where to start or…

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