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BANKRUPTCY means you ask the court to excuse you from your duty to repay your creditors. A person or business you owe money to is called a creditor. Bankruptcy allows you to discharge (get rid of)
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Bankruptcy is a legal process that helps individuals and businesses eliminate their debts or repay them under the protection of the bankruptcy court.
Individuals or businesses who are unable to repay their debts and need help to get a fresh start financially.
To fill out bankruptcy forms, individuals or businesses need to gather information about their debts, assets, income, and expenses, and follow the instructions provided.
The purpose of bankruptcy is to provide individuals and businesses with a way to eliminate or repay their debts and get a fresh start financially.
Information such as debts, assets, income, expenses, and financial transactions must be reported on bankruptcy forms.
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