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Personal Touch Bankruptcy Blog

Category: Assets in Bankruptcy

When Should You Use a HELOC to Get Out of Debt?

by Matt Berkus | May 15, 2019 | Assets in Bankruptcy, Debt Settlement

Bankruptcy isn’t right for everyone. Sometimes debtors may need to resort to their assets, such as using a HELOC, to get out of debt. Many people are too quick to dismiss bankruptcy as an option; however, there are some people for whom bankruptcy is not the best...

What Happens to Pets in Bankruptcy?

by Matt Berkus | May 9, 2018 | Assets in Bankruptcy, Bankruptcy, Income and Expense

Will you lose your pets in bankruptcy? Pets create two issues in bankruptcy because pets are an asset and the care of your pets is an expense. Chapter 7 bankruptcy is more concerned about your assets whereas chapter 13 bankruptcy is more concerned about your income...

Personal Touch Bankruptcy Blog

Category: Assets in Bankruptcy

When Should You Use a HELOC to Get Out of Debt?

What Happens to Pets in Bankruptcy?

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