December 2018 Archives

Chapter 7, the meeting of creditors, and the automatic stay

If you are facing serious financial challenges, then you're likely open to all debt relief options. One of the most effective ways to wipe out debt is to file for Chapter 7 bankruptcy. However, before doing so you should do your best to fully understand the process, its benefits and its disadvantages. This week we hope to give you a little clearer sense of part of the process and one of its biggest advantages.

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Wilson C. Pasley, PLC
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Roanoke, VA 24011

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