Bankruptcy

Bankruptcy

Bankruptcy is a federal court process which is intended to help consumers abolish their debts or in some cases to help provide court protection to monitor a repayment plan. Bankruptcies are often referred to as either a liquidation event, or reorganization. Bankruptcy gives an opportunity for people to have a fresh start at what would be an otherwise unworkable financial situation to recover from. Filing bankruptcy can immediately stop your creditors from seeking to collect debts until everything is sorted out in court.

While a Bankruptcy can provide people an opportunity to have a fresh start at, they can also be highly emotional and life-changing.

Visit our Bankruptcy Center to educate yourself on a variety of different loan programs and determine how they might fit your current needs.


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