Bankruptcy Words, Terms, And Phrases To Know

If you are considering a bankruptcy filing, you might be entering unfamiliar territory. The below financial-related bankruptcy terms represent some important facets of a Chapter 7 filing that most filers should become familiar with before they file. Read on so you’ll gain a better understanding of the legal action you are about to undertake. Classes/Bankruptcy Education The retooling of the bankruptcy code a few years ago brought about a requirement that filers participate in two educational exercises.…