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What is Credit Card Bankruptcy?Credit card bankruptcy is a program that offers a financial resolution or settlement to those individuals who exceed their ability to repay debt obligations through the overuse of a credit card. A credit card is a plastic card issued to consumers as a form of payment.A credit card awards the holder the ability to buy goods or services based on the..

The Equal Credit Opportunity Act (ECOA) was established in order to ensure that all individuals have an equal opportunity to obtain credit. The ECOA prohibits creditors from discriminating against individuals based on their sex, age, race, or marital status. Therefore, creditors cannot deny credit to an individual for any reason that is deemed unacceptable.An acceptable reason ..

Depending on one's purpose, the information about bankruptcy one gathers in his or her search may be quite different in tone compared to that of other students of bankruptcy law. As noted elsewhere, people who are taking more of a utilitarian approach to bankruptcy may seek a bankruptcy guide that includes as little legal language as possible.Meanwhile, some will need a more pr..

A key component to repairing credit is being able to access one's credit history in the hopes of understanding how much progress has to be made before one can be considered a good candidate for a loan or credit card. Indeed, many of the entries on a credit history report may not reflect good credit practices or positive credit events. Financial maneuvers such as declaring bankr..

Michigan Bankruptcy LawWithin the state of Michigan, bankruptcy law and procedures for filing MI bankruptcy are quite similar to other states.  A person or corporation will often decide to file bankruptcy if their debt is overwhelming or they simply need strict restructuring procedures.  Whatever the case, it’s imperative that you hire a lawyer when t..

Minnesota Bankruptcy LawMinnesota bankruptcy procedures and laws are quite similar to other states.  An individual or corporation can either voluntarily file for MN bankruptcy, or they may be forced into the action.  Different types of MN bankruptcy allow a person or corporation to either clear, partially clear, or reorganize their debt so it becomes easier to pay. &n..

Mississippi Bankruptcy LawThe state of Mississippi has both common and unique laws for Mississippi bankruptcy and the proceedings for filing MS bankruptcy.  An individual or corporation will often file for MS bankruptcy if they simply can’t maintain repayment of their debt.  However, within the state of Mississippi, a person can only file for bankruptcy in certain c..

Missouri Bankruptcy LawMissouri bankruptcy laws that are similar to most other states.  A person may file for MO bankruptcy if their business has failed or simply can’t repay the amount of debt they have piled up.  A corporation may also choose to file for Missouri bankruptcy if their business is failing to turn a profit or similar situation.  Within the state ..

Montana Bankruptcy LawMontana bankruptcy laws that closely reflect the provisions and procedures of other states’ bankruptcy laws.  Additionally, many of the MT bankruptcy laws aren’t intended to prohibit a person or corporation from filing MT bankruptcy.  Instead, Montana bankruptcy law strives to help a person through a tough economic point in their life and car..

Nebraska Bankruptcy LawNebraska bankruptcy has specific procedures to follow.  These laws are extremely detailed and specific, so you may want to refer to an attorney or do some research of your own before considering NE bankruptcy.  An updated set of laws exists of the official District of Nebraska’s website under Nebraska bankruptcy procedure.  Nebraska ..

Nevada Bankruptcy LawsNevada bankruptcy has similar bankruptcy laws and procedures to those of other states.  Many of the Nevada bankruptcy laws and procedures within the state of Nevada are intended to help individuals and corporations through hard economic times and carry them to a good economic standing later down the road.  Some NV bankruptcy laws within the state..

New Hampshire Bankruptcy LawNew Hampshire bankruptcy laws closely reflects the bankruptcy laws and procedures of other states.  Many of the NH bankruptcy laws with the state of New Hampshire are intended to help an individual, family, or corporation make it through a hard economic period.  Although filing for New Hampshire bankruptcy will undoubtedly hurt your credit,..

New Jersey Bankruptcy LawNew Jersey bankruptcy has both similar and different laws and procedures concerning bankruptcy compared to other states.  Although many of the procedures are the same compared to other states, the state of New Jersey has different laws concerning the exemptions a person or family may receive in certain cases.  Many of the New Jersey bankruptcy..

New Mexico Bankruptcy LawThe state of New Mexico has bankruptcy laws and procedures that closely reflect the laws of most other states.  The state’s policies around NM bankruptcy aren’t as intense and severe as other states, but the state still has fairly strict policies around NM bankruptcy.  However, regardless of the strict policies, New Mexico bankruptcy laws ..

New York Bankruptcy LawNew York bankruptcy has similar laws regarding bankruptcy to other states, but New York’s laws can be strict in determining what kind of bankruptcy an individual can file.  Although the provisions can be strict, bankruptcies laws in the state of New York aren’t meant to restrict a person or corporation from filing NY bankruptcy.  Instead, th..