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Is being in debt for 14000 too low to file for bankruptcy even if you are unemployed?

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2009-11-05 20:35:26
2009-11-05 20:35:26

Yes 14,000 is too low!!! Get a debt counsler and get on a program to pay this small amount!!! This can be paid over 5 years and your credit report will reflect a positive change. 14,000 is just too low...oh and by the way get employed!
Yes, however new bankruptcy reform goes into effect in approximately two weeks. Most attorneys are overloaded with BK cases and many are refusing to accept more, especially legal aid/legal services for those persons who have limited assets and income. Anyone who is contemplating filing a Chapter Seven, should begin the process immediately. When new BK laws take affect it will be almost impossible for the average consumer to file a total liquidation "7".

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