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Richard S. Ravosa
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Massachusetts Bankruptcy Lawyers, Last online: 1 month ago

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Bankruptcy as described earlier is a legal process where one is declared unable to repay their debt obligations and can be voluntary by the afflicted party or involuntary by the action of the creditors. Bankruptcy takes two forms one is a liquidation bankruptcy while the other is a reorganization bankruptcy. The former applies to both the persons and corporations, nonetheless there exists a distinguishing feature that is the fact that after a chapter 7 filing the company ceases to exist while a

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    Jan 2017
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