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In case the system is authorized, the debtor makes plan payments to some court-appointed trustee, who distributes The cash to the creditors.Chapter seven bankruptcy offers rapid reduction to persons in serious credit card debt; nonetheless, there are a few drawbacks as well.Chapter thirteen bankruptcy is commonly known as the “wage earners” ban

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Pepperdine College School of Regulation Ms. Leavens is a corporate lawyer with ten years of encounter as the final Counsel, Main Compliance Officer and Corporate Secretary of a Congressionally chartered, non-earnings Company, and over twenty years of knowledge as an advisor to executive officers and boards of directors in for-financial gain and non

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