Sentences with phrase «eliminated by filing for bankruptcy»
Not exact matches
The City Hall Plaza press conference, hosted by the Hispanic Federation, called for a laundry list of federal actions, including implementing «a federal investment plan», eliminating Jones Act requirements that goods shipped between Puerto Rico and other places in America be transported on U.S. ships with U.S. crews, changing the U.S. bankruptcy code to allow Puerto Rico and its government related enterprises to file bankruptcy petitions and urging President Obama to «explore a Federal Reserve loan» and «oppose severe austerity.»
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Common debts eliminated by filing for Chapter 7 bankruptcy include: credit cards, medical bills, personal loans and mortgage debts.
However, filing for bankruptcy can improve your cash flow by eliminating your need to make payments on your credit card debt and other unsecured debts.
Filing for a Minnesota bankruptcy allows you to eliminate your unsecured debt (the debt that is not backed by collateral) through discharge.