Stays on your credit report for 10 years

These are the most common types of bankruptcy chapters

Someone who has borrowed money

A debtor files a petition of bankruptcy

A party in a lawsuit

Action the court takes to wipe out a debtor's debts

Has information on how and where to get legal help when filing bankruptcy

A creditor files a petition of bankruptcy against a debtor

A lender or company that has lent money or issued credit

Congress enacted federal bankruptcy laws

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