Tag: Credit Card
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Will Filing for Bankruptcy Stop a Civil Lawsuit or Get Rid of a Court Judgment?
Introduction to Bankruptcy and Civil Lawsuits Bankruptcy is a legal process designed to help individuals or businesses that are unable to repay their outstanding debts. This process allows debtors to either eliminate these debts, typically through Chapter 7 bankruptcy, or reorganize them for more manageable repayment terms under Chapter 13 bankruptcy. The primary goal is…