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Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits. What Do the Various Kinds of Bankruptcy Entail? There are many intricacies that set Chapter7 and Chapter13Bankruptcy apart. What does each one mean?
And debt buyers often lack the necessary documentation to prove either that they have the right to pursue the claim or that the amount owed is accurate. If a debt buyer or collection agency has violated a consumer protection statute such as the FairDebtCollection Practices Act (FDCPA)–and they often do–that provides leverage to fight back.
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