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bankruptcy consequences

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What Happens to Cosigners in Bankruptcy?

What Happens to Cosigners in Bankruptcy?

Getting loans when your finances arena��t in perfect order can be challenging. This is why various financial institutions ask for a cosigner. Cosigners are usually individuals that have solid finances because they are the ones who will be responsible for the loan whenever the debtor cannot make payments.A�So far, so […]

The Repercussions of Committing Bankruptcy Fraud in Arizona

The Repercussions of Committing Bankruptcy Fraud in Arizona

Bankruptcy filings in Arizona come with certain responsibilities for the debtor. Any attempt to a�?cheat the systema�? could potentially result in bankruptcy fraud charges. Just like all other states, Arizona has specific sanctions for the individuals who knowingly or unknowingly commit bankruptcy fraud in Arizona.

Activities that Classify as […]

Bankruptcy and How It Affects Family Life

It is not a secret – declaring bankruptcy is a tough decision and comes with its own set of long-term consequences. However, if a Chapter 7 or a Chapter 13 bankruptcy is your only way to dig yourself out of the mounting debt. It can be difficult to cope with the tangles of declaring bankruptcy […]

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