Remove Collateral Remove Consolidate Debt Remove Repossession
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Is It Better To Declare Bankruptcy or Debt Consolidation?

Sawin & Shea

At the end of the plan, any unpaid balances on the qualifying debts are discharged. The Pros Bankruptcy can stop foreclosures , repossessions, lawsuits, wage garnishment, utility shut-offs, and debt collection activities through its automatic stay provision. The debts themselves remain open and active on your credit history.

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How to Find the Right Online Personal Loan for You

Credit Corp

You can take out a personal loan to meet emergency expenses, open a small business, consolidate debt , and more. When talking about the concept of online personal loans, it’s important to touch on the differences between secured and unsecured loans: Secured loans are those where collateral is put up to secure the loan.

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Does Chapter 13 Wipe All of Your Credit?

Sawin & Shea

While different from Chapter 11, Chapter 13 is similar in the sense that it involves reorganizing and consolidating debts. This filing method is referred to as “the wage earner’s plan” because filers repay some of their debt balances with their regular income.