Most Common Bankruptcy Questions

Most Common Bankruptcy Questions

Bankruptcy
Most Americans struggle with some level of debt, especially credit card debt. While most people feel hopeless as they struggle to keep up with interest through minimum payments each month, there is another solution: bankruptcy. Bankruptcy has largely been misunderstood and can actually be the most viable solution for many people‚Äôs financial problems. Below are some of the most common questions we get about bankruptcy at John K. Turner Law. Q: What is bankruptcy? A: Bankruptcy is a legal option for people struggling to pay their bills. Bankruptcy proceedings take place in federal court and allow people to get a fresh start. Filing for bankruptcy will also stop creditors from calling you to collect on debts, until you get your financial situation sorted out in your case. Q: Who can…
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