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The downside? A filer with a sizable estate could lose home in Chapter 7—including the real business if It really is a business with worthwhile belongings as well as trustee was capable of finding a willing customer.
Discharging business debts for a sole proprietor calls for that
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The program has to be taken by way of a credit rating counseling company that is authorised with the Department of Justice.
Chapter twelve. This is an additional courtroom-requested repayment strategy for loved ones farmers and fishermen to pay back their financial debt without the need t