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In anticipation of a bankruptcy filing, some people might transfer important assets to loved ones or friends to prevent their liquidation. They assume they will be able to transfer this property, obtain a discharge, and then take the property back upon completion of their case. The bankruptcy court is aware of these actions and has […]
Many people struggle with debt for months upon months, even years, before seriously considering bankruptcy. They view bankruptcy as a last resort, only to be considered if every other option fails. It can be difficult to know just when a person has reached this point, but there are some signs that a debt problem has […]