Bankruptcy

Bankruptcy law provides for the reduction or elimination of certain debts, and can provide a timeline for the repayment of non-dischargeable debts over time. It also permits individuals and organizations to repay secured debts --typically debts with real estate and vehicles pledged as collateral -- often on more favorable terms to the borrower.

Bankruptcy law provides for the reduction or elimination of certain debts, and can provide a timeline for the repayment of non-dischargeable debts over time. It also permits individuals and organizations to repay secured debts --typically debts with real estate and vehicles pledged as collateral -- often on more favorable terms to the borrower.

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