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That depends upon the sort of bankruptcy you qualify for. With a Chapter seven bankruptcy, your assets are going to be bought (besides Potentially your home and car or truck), and your creditors is going to be paid off with the proceeds.
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Prior to choosing, it will also be smart to talk to legal counsel to determine your best choice. To find out more about bankruptcy and other debt-relief selections, go through the Federal Trade Fee’s informational web pages.
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