One Important Reason To Avoid Involuntary Bankruptcy
The majority of bankruptcy petitions presented to courts are those made my debtors seeking relief. A small proportion of bankruptcies are those forced onto debtors by creditors – these are referred to...
View ArticleWho Can Force An Involuntary Bankruptcy?
In most cases, debtors petition the court as a means of obtaining relief from burdening debts. In rare cases, creditors can force an individual into bankruptcy. This will most often occur when the...
View ArticleCan Anyone Be Forced Into An Involuntary Bankruptcy?
The term involuntary bankruptcy refers to the process where an individual is forced into bankruptcy by a creditor. If there are less than twelve creditors owed money by an individual debtor, then it...
View ArticleInvoluntary Bankruptcy Can Be The Wake Up Call You Need
There are times when individuals and small businesses avoid bankruptcy like it was the plague. They often go to extraordinary lengths to avoid bankruptcy, including taking on more debt in order to...
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