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Declare Bankruptcy and Stop Foreclosure

Tuesday, May 19th, 2009

Bankruptcy is a legally declared inability or impairment of ability of an individual or organization
to pay its creditors. Creditors may file a bankruptcy petition against a debtor in an effort to recoup
a portion of what they are owed or initiate a restructuring.
In the majority of cases, however, bankruptcy is initiated by the debtor that is [...]

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