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A Secret Weapon For richmond bankruptcy lawyers
Chapter seven bankruptcy gives the debtor a clean slate and is typically known as liquidation bankruptcy or straight bankruptcy. The term “liquidation,” in reference to Chapter 7 bankruptcy, denotes The truth that the trustee from the bankruptcy proceeding is no cost to liquidate unprotected or non-exempt belongings so that you can repay credit
The Fact About Will Filing Bankruptcy Stop Wage Garnishment That No One Is Suggesting
Wage garnishment is usually a tool employed by creditors to collect their debts through the courtroom. Filing for bankruptcy will not merely quickly remedy your wage garnishment difficulties, but probably eradicate them completely.Talk with your payroll department. Your employer gained’t stop withholding funds to the garnishment till the sheriff