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Process for Filing for Bankruptcy

Posted on 04/02/1999 at 01:33 pm | Viewed 970 times

To file a Chapter 7 bankruptcy, a person must file a bankruptcy petition schedule, statement of financial affairs, statement of intention, and creditor mailing matrix. The filing of the bankruptcy petition instantly causes the "automatic stay" (11 U.S.C. Section 362Ca) to become effective. The automatic stay prevents creditors from contacting

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