You may be able to safeguard some or all The cash, however you can’t declare an exemption if you don’t listing the insurance payment in your bankruptcy kinds. Also, for those who don’t report the payments for your trustee, you can deal with a bankruptcy fraud investigatio
The debtor then pays an agreed-on sum of cash each month for the trustee, proficiently consolidating the debts into one every month payment. The trustee, in turn, distributes The cash to your debtor's creditors. Debtors haven't any direct connection with their creditors below Chapt
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