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For Credit Card Debt Elimination, You Can Use A Debt Reduction/Negotiation
It is a good option to use a debt reduction or debt elimination company to eliminate your credit card debt.
The methods that these companies uses provides you with greater savings than traditional non profit debt consolidation programs. This is because instead of negotiating only interest rates, the company negotiates reductions in the balances owed. It is not uncommon for small businesses or consumers to save a lot of money on their debts. And, most people who enter this program are free from their debts within a relatively short period of time.
If you feel that this program may help you, we recommend that you get a free and confidential debt elimination plan by clicking on the banner to the right or by calling the Toll Free Number for a Free Consultation!
Fall of Lehman Brothers P3
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck
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Bankruptcy Facts
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Workers Ponder Their Futures Under GM Bankruptcy
General Motors Corp. said Monday it will permanently close nine more plants and idle three others to trim production and labor costs under bankruptcy protection. The AP’s Mark Carlson reports from Michigan. (June 1)
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Benefits of Chapter 7 Bankruptcy
Hello, My name is Roland Kedikian. I am a California licensed attorney and I help individuals like you file for personal bankruptcy. I only practice in bankruptcy and I focus only on folks like you who are looking to file personal or small business bankruptcy.
There are 2 main chapters which individuals may file seek bankruptcy protection. Chapter 7 and chapter 13.
Chapter 7 bankruptcy entitles you to a fresh start. Chapter 7 may eliminate many kinds of unsecured debt such as credit cards, medical bills, most personal loans, judgments resulting in car accidents and deficiencies on repossessed vehicles and many other obligations.
In addition to getting rid of your debt, Chapter 7 allows you to typically keep all your property including your car and home as long as the payments are current and there is no significant equity in your property or the amount of equity is exempt under the relevant statutes.
If you want to keep your car or home, we can make arrangements to reaffirm the debt and keep your property. Additionally you will get to keep most of your personal belongings, and most importantly eliminate your debt.
That is the purpose of chapter 7 bankruptcy. Its to give you a chance to start rebuild your credit, buy a home, save for your retirement, save for your children’s education and get a fresh start. We can make that happen for you. Call now and ask to speak with me personally.
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