Bankruptcy is a legal process that many people are not aware of enough. Though you might think you rightly know about bankruptcy, there are many misconceptions that the world has held onto. These misconceptions might be keeping you from filing or seeking help. You can evaluate the potential benefits of bankruptcy by clearing them. Here are some popular misconceptions that you need to know about bankruptcy to help clear things up.- You Lose All Your Assets The most common misconception is that you will be losing everything when you file for bankruptcy. It......
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Bankruptcy is a difficult process for many to understand. It can be complicated to figure out what happens if the person filing passes away. Though it may be difficult to understand, it is not entirely impossible. Here, we will take a closer look at what happens to debt and bankruptcy after death. How Death and Bankruptcy Work in California? Generally, when a bankruptcy agreement is reached and is agreed upon by the court, it applies only to the person that filed and not to anyone that might be left behind when they pass.......
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