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the Upsolve Team

the Upsolve Team

Upsolve is fortunate to have a remarkable team of bankruptcy attorneys, as well as finance and consumer rights professionals, as contributing writers to help us keep our content up to date, informative, and helpful to everyone.


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Articles written by the Upsolve Team

4 Tips for Disputing Medical Bills

If you’re struggling with medical debt, you’re not alone. Medical costs in the U.S. are often unmanageable. Even if you have medical insurance, the deductibles, copays, and non-covered services can add up quickly. Mounting medical expenses, high-pressure phone calls, concern about your credit report, and the threat of debt collection lawsuits can make a difficult situation even worse. Fortunately, there are some simple steps that may be able to help you reduce medical debt to a manageable level.

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Why are Credit Repair Companies Probably A Bad Idea?

If a credit card repair company is telling you that your debt can be wiped out and you can start over with a new identity, stop listening. These types of credit repair company scams steal Social Security numbers and account information. That doesn’t mean the credit repair industry doesn’t have any legitimate credit repair agencies. They’re just hard to find.

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How a Lawyer Can Help You With Car Repossession

Having your car taken back by a lender is understandably a terrible experience, and you might be wondering what your options are. Although there are steps you can take on your own, a lawyer knowledgeable about car repossession can help. Most importantly, they can explain the car repossession process and provide you with options specific to your situation. This article will explain how a lawyer can help you, what things lawyers cannot do in the event of a car repossession, and how to find a lawyer.

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What Can I Do if My Car Is Repossessed With My Personal Belongings In It?

Your personal belongings are your personal belongings. If a repo company took your car, you have the right to get these belongings back without having to pay a fee.

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What Will Happen If I Don’t Pay an Unsecured Loan?

Unsecured debt includes credit card debt, student loans, personal loans, cash advances, medical debt, retail store accounts, and money borrowed from family or friends. This article will discuss unsecured debts, what happens if you default on these types of debts, and what options you have for dealing with them after defaulting.

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600 Credit Score: What does it mean?

Your credit score is a measure of your ability to repay your debts. If your credit score is 600 or less, then you will likely have difficulty getting a new loan at a reasonable interest rate. Most lenders who see borrowers with a credit score of 600 or lower will only offer high-interest loans that must be paid without fail every month. If the borrower fails to pay each month, then the lender can send the account to collections. This article will explain what credit scores are, what factors affect your credit score, and how to improve your score.

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Sent to Collections Without Notice? Here’s What To Do Next.

If you discover that a creditor has sent one or more of your current debts to a collection agency, it’s best to take action immediately to fix the situation. Having a debt sent to collections is a blemish on your credit report, and your credit score will suffer as well. Debt collectors have 30 days to report that your account was sent to collections, so you may not discover this until you get your next monthly statement. This can be frustrating, but what you do once you find out about it is what matters. You can take the following steps to minimize the financial impact of your delinquent account.

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How Much Does Credit Repair Cost?

While a credit repair service cannot do anything that you can’t do yourself, it may be more convenient for you to enlist their help. Just remember that the cost of credit repair varies depending on the borrower’s circumstances, what type of debt they have, and what blemishes they have on their credit report. Read more to learn how to repair your credit yourself, what the benefits might be of hiring a credit repair service, and how to find a reputable one if that is the route you end up taking.

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When Will a Debt Collector Sue?

Once you stop making timely payments on a debt, your creditor will attempt to collect it by regularly sending you notices of nonpayment. This may go on for several weeks before these collection attempts intensify. Third-party collection agencies may become involved in the collection process. The debt may even be sold to a third party. Eventually, some debt collectors in the chain will likely file a lawsuit for the debt’s repayment. This article will explain when a debt collector is likely to sue you for unpaid debts, including credit card debts or medical bills.

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Can a Credit Card Company Sue Me if I Stop Paying?

Failing to pay credit cards will result in a credit card company escalating its efforts to collect the debt. If these efforts fail, it will file a civil lawsuit to recover the debt. Once a creditor receives a judgment, it can take other measures, such as a wage garnishment, bank account levy, or judgment lien to satisfy the debt.

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How Long Does a Credit Dispute Take?

If you find an error on your credit report you can have it removed by disputing it. You must file a dispute with the credit bureau that reported the inaccurate information. The credit bureau has 30-45 days to investigate the dispute and give a response. But the total timeline of the dispute may be longer. In this article, we’ll talk more about what factors affect this timeline.

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Rapid Rescoring: Updating Your Credit Report Quickly

Normally, lenders and credit bureaus update account information every 30 to 45 days. Rapid rescoring speeds up this process. Rapid rescoring is a process where a lender submits proof of recent positive changes to your credit accounts to the three major credit bureaus. They then factor this new information into your credit score with a rapid rescore. Lenders will usually receive the updated information within 3-7 days. This article will discuss what rapid rescoring is, how it can help you, and what its limitations are.

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Credit Score DIY: How to Fix Your Credit on Your Own

Credit scores impact our lives whether we like it or not. Fortunately, anyone can take steps to improve their credit score. If you’re ready to improve your credit score or you just want to find out more, keep reading to learn what you can do to fix your credit score on your own.

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How Does Debt Settlement Affect Your Credit Score?

Debt settlement allows you to pay off a debt for less than the total you owe, but it can lower your credit score. If you compare the permanent benefits of getting rid of a debt burden against the temporary negative aspects of a lower credit score, you might find that debt settlement is a good option for you. If you’re interested in settling your debt, keep reading to learn how debt settlement affects your credit score and whether debt settlement or a different debt relief option is the best for you.

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Repossession: The Basics

Repossession is when a lender takes back property that was used as collateral for a loan. If you’re behind on your car loan payments, you could suddenly lose your car, boat, appliances, or furniture without warning through repossession. On top of that, having a repossession on your credit report will hurt your credit score. Read this article to learn more about the repossession process and how you can get back on track.

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Debt Settlement Attorneys: How Can They Help?

One way you can get debt relief is through debt settlement. A good debt settlement attorney can help you settle your debts. They should also be able to provide advice on other debt-relief options like debt consolidation, debt management, and bankruptcy. A debt settlement lawyer may be able to help you get a better overall settlement deal. Perhaps most importantly, they can help you avoid the stress of communicating with aggressive debt collectors. This article will explain debt settlement and the benefits of hiring a debt settlement attorney.

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What Is the Process of a Nonjudicial Foreclosure?

Most states allow nonjudicial foreclosures, which permit states to proceed with foreclosure sales without first obtaining a court order. Because nonjudicial foreclosures are much faster and less complex, homeowners don’t have as much time to defend against these actions.

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What Is a Debt Management Plan?

When you’re struggling with debt, your first step should always be to educate yourself about your options so you can make the best decision for you and your family. This article describes one possible option: a debt management plan, also known as a DMP. A debt management plan involves working with an agency to consolidate your payments. The agency will also work with your creditors to try to get you better terms, so you can pay off your debt more quickly.

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How Long Can I Stay in My Home After a Foreclosure Sale?

In this article, we’ll give you an overview of foreclosure, discuss the before and after of a foreclosure sale, and give you valuable information about foreclosure timelines so you can get a better idea of how long you can stay in your home while planning your eventual move.

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What Happens When Someone Sues You?

Being served with legal papers can be stressful. But like all challenges, there are ways to deal with this. Understanding the rules of the court, basic legal definitions, and each step of a civil case is a great place to start. In this article, we’ll help you understand the difference between small claims courts, large claims courts, and civil courts. We’ll also discuss some tips for answering a lawsuit filed in any court.

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Disputing Student Loans on Your Credit Report (A Guide)

Housing, employment, and loan decisions are made based on a person’s credit history. If there is a student loan error on your credit report you’ll want to get it fixed. In this article, we’ll give you some guidance on how to fix student loan errors that may appear on your credit report.

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Can Your Tax Refund Be Garnished if You Default on Student Loans?

Your tax refund can be garnished if you’ve defaulted on a federal student loan. Federal student loans are guaranteed by the government and the government has power over tax refunds. Not all student loans are subject to a tax offset and you can take steps to keep your tax return money. In this article, we’ll tell you about the student loan tax garnishment process and give you some tips on how to keep your tax refund money safe from garnishment.

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Why Do I Keep Getting Calls About Student Loans?

This article will explain why you may be getting calls from your student loan lender or loan servicer. If you have unpaid student loans, you may be contacted by a loan servicer for different reasons.

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4 Things To Know About Student Loan Settlement in 2021

If your student loan is in default and you want to clear up your debt, you might be able to enter into a student loan settlement agreement. There are advantages and disadvantages to using this debt relief option.

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Can I Fix Negative Information on My Credit Report?

This article will explain how to obtain your credit report, and what types of information, both negative items and positive, will appear on that report. This article will also discuss the issue of “fixing” a credit report when misinformation appears on your credit history.

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How Long Does a Repo Stay on Your Credit Report?

A car repossession can stay on your credit report for seven years and the repossession will initially lower your credit score. In this article, we’ll help you learn what you can do to minimize the impact that a car repossession will have on your credit report and how to improve your credit score if your car has already been repossessed.

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Bad Credit: The Problem & Solutions

It is possible to increase your credit score if you are proactive. This article will look at what’s considered a poor credit score, the consequences of having bad credit, and strategies to improve your credit.

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Partial Unemployment Benefits: Eligibility Requirements & How To Apply

If you were working full time before and now only work part time, you may be wondering if you qualify for unemployment benefits. You can still collect partial unemployment benefits if you are working a part time job. Eligibility will depend on your state’s laws, the number of hours you work each week, and how much you’re making. In this article, we will look at how unemployment benefits work for part-time workers and how you can get the largest unemployment benefit payment possible.

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What Does It Mean To Be Laid Off?

Being laid off from work can happen to anyone regardless of their skill or job performance. Learn how you can navigate the uncertain time between when you are let go and the time you are hired for your next job by applying for unemployment and other benefits you qualify for. Also, find out how to use the time at your disposal to ready yourself for new employment.

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How Long Do I Have To Work To Qualify for Unemployment?

While all states follow unemployment insurance guidelines set by federal law, each state is free to establish the eligibility requirements for unemployment benefits in their state. Because each state has different laws about the eligibility requirement for unemployment benefits, the amount of time required to qualify will depend on the laws of your state. This article will summarize the amount of time that UI claimants must work to qualify for benefits.

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What Is A Charge Off On A Car Loan? (2021)

A charge-off on a car loan is when the creditor declares the debt uncollectible. The creditor can still collect the charged-off debt and you still owe it.

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Can A Repo Man Enter A Locked Gate?

If you've fallen behind on your car payments, you've probably started getting phone calls from the bank about a repossession. The good news is, the repo man can't legally enter a locked gate or garage without your permission. But, a repo agent may legally enter your yard, driveway, or other private property if nothing is blocking their access. Keep reading to learn more.

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Wage Garnishment Exemptions

A wage garnishment allows your creditor to take money directly from your paycheck or sometimes your bank account. It is important to know what income is exempt from being garnished for your claim of exemption. This article will discuss what happens in wage garnishment and how you can keep income from being garnished that is protected by exemptions.

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5 Smart Strategies to Boost Your Credit Score

Your credit rating is an important component of your financial profile. Not only can a credit score determine whether you are approved for a loan or credit, but it can also determine important terms of the loan or new credit. The higher the credit score, the better the terms. A good credit score can save you money by helping you qualify for credit with a higher limit and a lower interest rate. This article will provide some helpful information for building and maintaining your credit score and overall credit profile. We’ll discuss five smart and simple strategies for boosting your credit score.

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What You Need to Know About Credit Privacy Numbers

This article will discuss credit privacy numbers, or CPNs, one of the latest popular tools used by scammers to rip off American consumers. The Federal Trade Commission has identified the sale of alternative credit identities as a scam. In this article, we’ll discuss what you need to know about credit privacy numbers and the reasons you should avoid using them.

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Your Credit Score Is Not Ruined Forever After a Bankruptcy Filing

Bankruptcy is a useful debt relief tool. It can give you a fresh start when unpaid debt becomes unmanageable. Sadly, many people attach a stigma to filing bankruptcy and fail to see its advantages and benefits. Instead, they focus on the notion that bankruptcy will forever ruin their credit. But this is just one of the many myths of bankruptcy. It often causes people to put off filing, which only delays bankruptcy’s benefits. While your credit score is affected by bankruptcy in the short term, we’ll discuss how your credit score is not permanently ruined by filing bankruptcy.

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How Long Does It Take To Improve Your Credit Score?

Many people want to improve their credit score, especially if they have bad credit. You can improve your credit score in a relatively short time, sometimes less than a year or even just a few months. This article will explain what factors determine your credit score and how you can improve yours.

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I Live in Washington State and Debt Collectors Are Calling

Washington state has two laws that protect you, the Consumer Protection Act (CPA) and the Collection Agency Act (CAA). The FDCPA is the minimum standard for states, but Washington’s laws increase the standards. It’s like having a low federal minimum wage and a higher state minimum wage. In this article, we’ll help you learn how Washington’s debt collection protection laws can help you stop debt collectors from calling.

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The Florida Consumer Collection Practices Act

In Florida, you have even more protections from unfair collection practices than you would in other states. The Florida Consumer Collection Practices Act (FCCPA) works with the federal Fair Debt Collection Practices Act to help limit phone calls, threatening letters, and other types of unfair actions from collection agencies and other types of debt collectors. It protects Florida consumers and gives them the right to sue debt collectors that have violated the FCCPA. Keep reading to learn more about the Florida Consumer Collection Practices Act and your rights under federal and state consumer protection laws.

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4 Important Facts About Wage Garnishment in 2021

Wage garnishment can happen to anyone. An unexpected car repair or medical bill can cause you to fall behind in paying your debts. This article explores how wage garnishment works, what the federal limits and exemptions are, and how bankruptcy can help. If your wages are being garnished, the Consumer Credit Protection Act is a federal law that limits the amount of money that can be taken from your paycheck by your employer.

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I paid off my wage garnishment, now what?

Paying off a wage garnishment is a great accomplishment. Once all the debts are paid, though, the money that has been automatically taken from your paycheck doesn't always stop being taken from your paycheck. This article will give you advice on how to make sure your money is no longer being withheld and sent to your creditors as well as information about how you can rebuild your credit after a wage garnishment and how to avoid having your funds garnished in the future.

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Who Can Garnish My Wages?

Many types of creditors have the right to file a complaint in court for unpaid debt. Wage garnishment laws give creditors the ability to withhold money from your paycheck, but not all creditors are required to go to court before they can garnish your wages. This article will explain what wage garnishment is, who can garnish your wages, and how bankruptcy can help stop wage garnishment.

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Wage Garnishment In California

California’s wage garnishment laws are much like those in other states. But, California has special rules for certain kinds of debt. For example, all child support payments in California automatically come with a wage garnishment order. It is important to know California’s wage garnishment rules and your options for dealing with having your wages garnished if you’re a California resident. This article will address both the rules and your options.

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Laws Protecting Californians From Debt Collectors

Debt collection laws come from federal and state governments. California has chosen to put extra laws into place to protect California residents. The Rosenthal Act is one such law. There is also a federal law, the Fair Debt Collection Practices Act, that protects consumers across the United States. Keep reading to learn more about California debt collection laws and how they protect you.

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6 Strategies That Can Help You Become Debt-Free

Living debt-free will improve your credit score and expand your opportunities for housing and jobs. It doesn’t take long to accumulate debt, but it can take time to pay it down. Keep reading to learn the steps and strategies you can use to get started on your way to a debt-free life.

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Loans For Unemployed: Options & Processes

This article will discuss one of the ways that you can deal with the loss of a job—an emergency loan. Although you may think your employment status directly affects your ability to get a personal loan, especially in an emergency, that isn’t always true. In this article, we’ll talk about your options and the procedures for getting an emergency loan when you are unemployed.

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How can I pay the taxes for the “income” shown on my 1099-C?

When a creditor forgives debt, you're still not completely off the hook since you'll have to consider the forgiveness income for tax purposes. If you have had $600 or more of debt canceled or forgiven by a creditor during a single year, you can expect to receive a Form 1099-C and to pay taxes on this canceled debt. If you’ve received your 1099-C or you’re evaluating a debt settlement option and want to learn more about debt forgiveness and the 1099-C tax form, keep reading. We’ll help you through this process.

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What is zombie debt and should I be concerned?

Zombie debt is debt that you’re no longer legally obligated to pay. If the date of the last activity on the account happened so long ago that the statute of limitations has passed and the creditor is no longer allowed to file a lawsuit to make you pay the debt, it would be considered a zombie debt. But a misstep on your part, even an innocent one, can revive a zombie debt and put you back on the hook for paying it again. Read more to learn how this process works and how to protect yourself from debt collectors that could try to trick you into reviving zombie debts.

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Eviction 101

Like most property laws, the relationship between landlords and tenants is regulated by state law. Because eviction laws vary from state to state, there is no uniform law of eviction. These state eviction laws lay out rules that landlords must follow in order to evict tenants. This article will explain some basic facts about eviction.

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What to Do if You’re Contacted About a Time-Barred Debt

A time-barred debt is one where the creditor has missed the deadline to legally bring a claim against you in court. Unfortunately, debt collectors may still try to contact you about old debts that are time-barred by the statute of limitations. But there are ways to deal with these debt collectors. Read this article to learn more about how to tell if your debt is covered by a statute of limitations and what to do if you’re contacted by a creditor that is trying to collect a time-barred debt.

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Statute of Limitations in Small Claims Court

The statute of limitations is the law that regulates how long a party has to assert a claim through the legal system and small claims courts provide simplified proceedings for people who have claims that aren’t worth a substantial amount. Generally, the statute of limitations remains unchanged if you bring a claim in small claims court. This article will explain a bit about defending yourself in your state’s small claims court and how the statute of limitations could affect your defense.

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Removing a Judgment from Your Credit Report

Having a judgment on your credit report will lower your credit score, sometimes significantly. In some instances, though, you can get this negative information removed from your credit history. As with any item on your credit report, you have the right to dispute any judgment on your report that you feel has been made in error or has already been resolved. If a creditor has entered a judgment against you, here’s what you’ll need to do to get it removed from your credit report.

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Property Inspections

Your home may require a property inspection for all kinds of reasons. If you need to have one done, read this article to find out about the different types of property inspections and what you can expect to learn from one.

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Principal-Only Payments: Are They a Good Idea?

The fastest way to pay off any type of debt or loan is by paying off all of the principal as soon as possible. This makes principal-only payments an attractive option for those who have a lot of debt, especially high-interest debt from credit cards. While this type of monthly payment is not available from all lenders, a principal-only payment can save you big money on interest payments over time. Read more to learn more about principal-only payments and the pros and cons of making them.

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Should I pay the debt collector or the original creditor?

If you have a debt that’s been sent to a debt collector, you may be wondering whether you should negotiate with the original creditor or the debt collector. In most cases, the original creditor will give you more generous terms for repayment than any debt collector will. Unfortunately, if it's already been sent to a collection agency, it's too late to make a deal with the original creditor. This article will explore the debt collection process, how to negotiate with an original creditor, and how to deal with a debt collection agency if your debt does get charged off and sent to collections.

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8 Tips for Effective Money Management

Managing your finances effectively can save you a lot of money and inconvenience over time. And it’s not as hard as you might think to get your finances in order. It just takes a little planning and foresight along with some self-discipline. Regardless of what your money personality is, here are several tips that can help you manage your money more efficiently and profitably.

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How to Find Out Which Collection Agency You Owe

If you’re in debt, you’re likely getting notices and phone calls from debt collectors. But, it can be hard to know which collector to work with or whether their information is accurate. The first step toward resolving collection accounts is making sure that the debt is valid and that the person or company calling has the right to collect. This process can be a tangled web. Here’s how to sort it out.

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How long do I have before my student loan goes into default?

When you miss your student loan payments, you risk defaulting on your loan. Different lenders have different timeframes for when they consider a loan to be “in default,” so it’s important to know the terms of your loan and understand the timeframe for default. This article will explain how long it takes for federal and private student loans to go into default if you miss a monthly payment.

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Can an employer contest unemployment benefits?

Employers can appeal an unemployment office’s decision to approve an applicant for unemployment insurance benefits. But, they need to have grounds to do so. In this article, we’ll explain how long an employer has to contest an unemployment claim and the application procedure that’s used in most states to determine benefit eligibility. We’ll also explore how you can appeal a decision if your application for benefits is denied.

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Debt Relief: What Are the Options & How Do They Work?

If you have debts that you’re unable to pay, there are several options that can help you to get back on your feet. These options range from filing bankruptcy to creating some sort of payment plan that prevents debts from charging off or having creditors sue you and garnish your wages. Here we will look at some avenues to help you manage your debt.

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Why You Should Always Pay More on Your Credit Card than the Minimum Payment

A credit card minimum payment is simply the minimum amount of money you must pay each month to remain current on your debt. Making the minimum payment doesn’t do much to help you get out of debt and can actually lead to some pitfalls that will keep you in debt longer. Read this article to learn what those pitfalls are and how to avoid them.

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5 Solid Steps for Negotiating with Debt Collectors

If you have a debt that you cannot pay (such as credit card debt) and it has been turned over to a debt collection agency or debt collector, negotiating with that collector may seem intimidating. But in many cases, negotiating with creditors or lenders isn’t as hard as you may think. This article will tell you what you need to know to have a better chance of successfully negotiating with a debt collector.

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Is there a “best” time to make my credit card payments?

Many people believe that making your minimum payment on time is all there is to managing your credit card debt. The best strategies for managing credit card debt look at factors beyond just making on time payments. This article will give you tips on how to manage your credit card payment to avoid paying interest charges and detail some other important information you should know about your credit card bill.

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You Can Win That Debt Collection Lawsuit

Most debt collection suits in the U.S. end in default judgments. That’s a judgment entered against the alleged debtor because they either didn’t file an answer to the complaint or didn’t show up in court. This is bad news, partly because many of those cases could have been won. If you’re sued by a creditor, debt collector, or debt buyer, the worst thing you can usually do is ignore the lawsuit. This article will provide guidance on how to deal with a debt collection lawsuit.

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Paying Off Debt vs. Investing: What’s Better?

You may feel like you’re getting conflicting messages about debt and savings. On the one hand, you know it’s not good to carry too much debt. It’s expensive, can lower your credit score, and creates some risk. At the same time, you’re advised to have savings to help weather the unexpected. And, you’re warned about your retirement investments falling short and leaving you in a bad situation as you grow older. But, your budget will only stretch so far. There’s no one-size-fits-all answer. The right choice depends on your circumstances and your personal financial goals. This overview will help you make the right decision for your situation.

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How To Pay Off Collections: A Complete Guide

If you are being contacted by debt collection agencies or other types of debt collectors, then you have several options to choose from to protect yourself. But don’t ignore those letters or phone calls just because you can’t pay the debt right now. Keep in contact with your creditors and let them know where you stand so that they know that you are actively trying to work with them.

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Will A Foreclosure Ruin My Credit Forever?

A foreclosure will stay on your credit report for seven years, but your creditworthiness will not be negative forever. You can take steps to repair your credit after foreclosure and start building a positive credit history. Read more to learn how you can overcome a foreclosure, rebuild your credit history, and what steps you can take to buy a house after foreclosure.

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4 Things You Should Know About The Statute Of Limitations

This article will explain four things that you should know about the statute of limitations, a state law that limits the time a debt collector has to bring a lawsuit. Once the time limit has passed, you'll be able to defeat a debt collection lawsuit and avoid a judgment.

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How Does A Tax Lien Foreclosure Work?

Depending on where the property is located, past-due property taxes may lead to a tax lien foreclosure or a tax deed sale. The tax lien foreclosure process includes some additional protection for property owners. But, the bottom line is the same. If your property taxes are delinquent, you could lose your property to a tax lien foreclosure or tax deed sale—even if your mortgage has been paid in full.

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Income Contingent Repayment for Federal Student Loans

Federal student loan borrowers have 4 income-driven repayment options. The ICR Plan is one such option if you are struggling with your student loans. . An ICR Plan is for two types of borrowers. In this article, you will learn about the Income Contingent Repayment (ICR) Plan.

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Should I Take A Bailout Loan To Stop Foreclosure?

A foreclosure bailout loan might look like the perfect solution at a glance, but it has downsides, too. Bailout loans, also known as hard money loans, tend to have high interest rates. They may also require the borrower to refinance again within a few years. If you’re considering a bailout loan to stop foreclosure, make sure that you understand your options and their potential impacts on you, your finances, and your family.

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Cancellation Of Debt & Related Pitfalls

If you have debts that you are unable to pay, bankruptcy is not your only option. You might be able to negotiate with your creditors to have some of your debt canceled. Learn what debt cancellation is, how it works, and forms of debt cancellation have to be declared as taxable income and which. Also find out which method of debt cancellation might work best for your situation.

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Getting Rid Of Student Loans: 6 Options To Consider

If you are trying to manage a student loan debt, you might be disappointed to learn that they aren't often discharged through bankruptcy, but there are other options for student loan management you could be eligible for, including loan forgiveness or cancellation, disability discharge, or forbearance. Read this article to learn which option might be best for you to pursue and other things to consider.

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IRS Wage Garnishment Procedures

If you owe the IRS unpaid taxes, they might collect on the debt by putting a garnish on your wages and collecting their money directly from your paycheck. Learn about the rules they must follow when garnishing wages, including how much of your income is exempt from garnishment and how much notice they are required to give you. Also, find out what you can do to stop a wage garnishment that's already in place.

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Student Loan Forgiveness Options For Healthcare Workers

If you are a healthcare worker, you may qualify for federal student loan forgiveness. Learn how to find out if you are eligible for these programs, about the different types of debt relief, and other debt relief options that may be available to you.

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What Happens If The Bank Takes My Car?

If you have fallen behind on your car loan, you may be wondering what happens next. How will you get to work with no car? Is it possible to get it back after it's been repossessed? In this article, you will learn how repossession works, what you can do after it has occurred, and how to avoid it in the first place.

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Furlough: How It Works And Why It Matters

A furlough is a leave of absence with reduced hours and reduced pay. It could last a few hours or several months. Technically, you’re employed without pay during a furlough, but you could qualify for unemployment benefits. Furloughs include benefits, but usually don’t include paychecks. When you’re furloughed, you might get a return to work date.

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How Will Foreclosure Affect My Credit?

In this article, we’ll help you understand what you can do to avoid foreclosure, how a foreclosure will affect your credit if this process is unavoidable, and how you can save your credit score from dipping lower than necessary. We’ll even give you some tips on how to fix your credit after foreclosure.

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Student Loan Garnishments And Hardship

If you default on your student loans, you risk having your wages, taxes, and Social Security benefits garnished. Your credit score will also suffer. To avoid a student loan wage garnishment, or to reduce the amount that will be garnished, you need to take action. You can do this even after you’ve defaulted on your student loan. In this article, we’ll help you learn how to manage student loan wage garnishments, so you can avoid adding to your financial troubles.

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Student Loan Forgiveness for Borrowers Who Drop Out

If you’re struggling to make student loan payments after dropping out of your degree program, it’s important to understand your options. Student loan forgiveness, deferment, forbearance, income-based repayment, and other programs can be confusing. This article offers a basic overview to help you get started.

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Guide to Consolidating Federal Student Loans

Consolidating federal student loans streamlines the repayment process and may save you money. Here’s what you need to know to make informed decisions about consolidation.

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Gifted Money To Pay Student Loan Debt | Will I Have To Pay Gift Tax?

When you’re just starting out, a significant gift from a family member or other loved one can make all the difference. For instance, a gift that pays off all or part of your student loans or, the gift of down payment funds may help you buy a home and begin building equity. If someone has offered a generous gift but you’re worried about gift tax, income tax, and other tax issues, here’s a quick rundown of what you need to know.

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Private Student Loans and Wage Garnishment

Defaulting on the payment of your private student loans can negatively affect your credit score and result in other undesirable consequences. One is wage garnishment. A private student loan lender can even levy or take money from your bank account. Thankfully, there are solutions that can help you avoid these challenges and even provide debt relief.

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Student Loan Forgiveness Programs for Nurses

In this article, you will learn about student loan forgiveness programs available to nurses. Loan forgiveness eligibility qualifies you to have your loan eliminated. Forgiveness programs are only available for federal loans. The following will guide you on how you can reduce or eliminate your student loan debt if you are a nurse.

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Understanding Credit Card Wage Garnishment

After efforts to collect a credit card debt fail, a credit card issuer or its collection agency will eventually file a lawsuit. If you don’t respond, it can get a default judgment. Any judgment (including a default judgment) allows a creditor to get a garnishment order and garnish wages.

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Can I Refinance My Student Loans?

When you refinance your student loans, you take out a new loan and use it to pay off your existing student loans. Refinancing may allow you to benefit from a lower interest rate and/or reduce monthly payments.

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If I Go To Grad School, Can I Defer My Loans?

Yes you probably can. Deferring your loan will help you concentrate on graduate school and make the most of your grad school experience. In this article, we’ll help you understand how deferring your undergraduate school loans can help you to successfully manage your student loan debt while you attend grad school.

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Getting a Repossessed Car Back

This article will explain the process of how to get your car back after it has been repossessed. Every state has laws that affect the repossession process. These laws determine how quickly a lender can repossess a car once you miss payments.

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California Repossession Law

California law permits cars to be repossessed after one late or missed loan payment. Cars may be repossessed after missed insurance payments as well. There is no legally required grace period, and the repossession company doesn’t have to give you notice that they are repossessing your car.

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Four Things To Know About Medical Bills And Wage Garnishment

A healthcare provider can try to collect unpaid medical debts like any other debt collector might. A provider may even seek to garnish your wages. Before a provider can take your wages, the facility or physician must sue you and win the case.

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How Repossession Affects Your Credit

Repossession can cost you more than your car. Late or missed car payments can hurt your credit. If your car is repossessed, the hit to your credit will be even more significant. This is true even if you turn in your car voluntarily.

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Florida Repossession Law (2021)

If you’re in Florida and your car has been repossessed, you still have the opportunity to redeem your car or reaffirm your loan. You can also file bankruptcy to help you keep your car, or to help you get rid of future collection activity on a deficiency balance.

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Social Security and Garnishment 101

If you collect Social Security as retirement income or benefits known as SSI or SSDI, rest assured that most creditors can’t take this money from your bank account or from you before the money lands in your account.

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How Much Do I Owe In Student Loans?

If you want to go back to school, finance a house, manage your debt, or file for bankruptcy, you’ll want to find out how much you owe in student loans. It might feel like you need a degree in finance to keep track of your financial aid, but we’re here to help. Keep reading to learn about how you can find out how much you owe on your student loans and how to effectively manage your student debt.

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What Is The IRS Statute Of Limitations In 2021?

Most people in the United States have to deal with tax issues at least once in their lives. If those tax issues lead to tax debt, generally, the IRS has 10 years to collect it. The 10 year period starts with the filing of the return or assessment by the IRS. However, there are a few situations that can pause this 10-year period, which gives the IRS more time to collect.

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Can the IRS Take Your Home in 2021?

The short answer is yes, legally the IRS can take your home. But it’s important to remember that as a taxpayer, you have options. This article explains how the IRS goes about taking someone’s home, and what you can do to stop it from happening to you.

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4 Income-Based Repayment Options for Federal Student Loans

There are four different income-driven repayment plans for student loan borrowers that received federal student aid. The IBR Plan, the REPAYE Plan, the PAYE Plan, and the ICR Plan. They each have different eligibility requirements and potential benefits compared to the standard repayment plan.

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Should I Lower My Student Loan Payments With An Extended Repayment Plan?

An extended repayment plan lowers your monthly payment amount by stretching your repayment over 25 years. Rather than consistent payments, on a graduated plan your minimum monthly payments start lower and increase every two years.

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How to Buy a Car After Repossession

Repossession might feel like an insurmountable obstacle to getting another car. It’s important to realize that you can repair bad credit. Working to reach a healthy financial situation after a repossession means that even this unpleasant experience will move into the past.

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How to Deal with Debt Collectors (when you can’t pay)

If you’re receiving calls from debt collectors about unpaid debt, there’s an obvious way to make it go away: Pay off the debt in question. But what if you’re at a point where it’s impossible for you to pay? It might seem like you’re out of options, but don’t despair - there’s a way out of this.

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3 Things Everyone Should Know About Small Claims Court and Wage Garnishment

Debt collection lawsuits for small amounts are usually brought in a special court, called the small claims court. The procedures are simple and costs kept to a minimum. Even though this is a simplified process, a judgment from a small claims court carries the same weight as a judgment from any other court.

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3 Important Facts About Student Loans & Garnishment

After 9 months of missed payments, your federal student loan will go into default, making a garnishment likely. For private student loans, default happens much sooner. Keep reading to learn three facts about student loan garnishment that could help you keep your take-home pay and tax refund.

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Florida Bankruptcy Exemptions Explained

If you have done some research on bankruptcy cases or exempt property, you will probably have come across the terms federal bankruptcy exemptions and state exemptions. Although the federal Bankruptcy Code has a list of bankruptcy exemptions, these exemptions aren’t available in Florida. In Florida, you are not permitted to use the federal bankruptcy exemptions. Florida residents have to use the state exemptions. Also, you can use the federal nonbankruptcy exemptions contained in the federal law if you have any assets covered by them.

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California Bankruptcy Exemptions Explained

If you are a California resident, you can’t protect your possessions, like bank deposits and commercial vehicles, under the Bankruptcy Code’s exemptions. So, Californians filing bankruptcy have to use California exemption law. Some states permit filers to choose between a set of federal bankruptcy exemptions and the state exemption system. However, California isn’t one of them. California is called an “opt-out” state, which means federal bankruptcy exemptions are not available to filers in the state.

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Student Loan Rehabilitation Gets the Default Status Dropped

Student loan rehabilitation is a way to get your student loans out of default status. If you’re currently trying (unsuccessfully) to get student loan relief but aren’t eligible for any programs because you’re in default, student loan rehabilitation may be exactly what you’ve been looking for.

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Bankruptcy Statistics

The bankruptcy statistics in this article will provide a high-level view of consumer bankruptcy filings around the country, bankruptcy rates from state to state, the types of bankruptcy cases most often filed, and the financial problems that trigger bankruptcy filings.

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Using A Fee Waiver For Free Bankruptcy Credit Counseling

Everyone who wants to file for bankruptcy has to take a credit counseling course before they can do so. While there is a small cost associated with this requirement, it is possible to take the required course for free by requesting a fee waiver.

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Using A Fee Waiver For Free Bankruptcy Credit Counseling

Everyone who wants to file for bankruptcy has to take a credit counseling course before they can do so. While there is a small cost associated with this requirement, it is possible to take the required course for free by requesting a fee waiver.

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Chapter 7 vs. Chapter 13 Bankruptcy in 2021 | The Truth

Chapter 7 bankruptcy vs. Chapter 13 bankruptcy: Learn the differences, which type of bankruptcy is better depending on the situation, and the downsides of each.

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Does Bankruptcy Clear Judgments in 2021?

When a creditor or debt collector gets a judgment against you, it's dischargeable as long as the original debt was dischargeable. The question becomes a bit more complicated if the creditor gets a judgment lien on your property. Here’s how it works.

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What is Debt and How Should I Handle It?

Debt is money borrowed that has to be paid back over a period of time. Lending institutions, like banks, will lend you money so you can make a purchase. In turn they expect you to pay them back, with interest. Debt can be classified in two broad categories: corporate debt vs. personal debt. Corporate debt involves loans between businesses and, generally speaking, has little to no impact on personal debt. This article will explain the most common types of consumer (personal) debt and how to handle it.

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What is post petition debt?

This article will explain what “post-petition” means, what post-petition debt is, the difference between post-petition debt and debts you simply forgot to include in your bankruptcy forms, the effect of your discharge on post-petition debt and whether the timing of the discharge affects the new debt.

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5 Important Bankruptcy Questions (and Answers!)

If you’re thinking about filing bankruptcy, you have questions. We’ll answer the most common bankruptcy questions for you right here so you can decide whether you want to take the next step in the bankruptcy process or explore other debt-relief options that might interest you.

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What is Bankruptcy?

Bankruptcy is a legal tool to obtain debt relief and get a fresh start. Chapter 7 and Chapter 13 bankruptcy are the most common types. This article explores consumer bankruptcy basics, the different types of bankruptcy, and the bankruptcy process overall.

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Debt Collection After a Bankruptcy Discharge

A bankruptcy discharge order permanently forbids creditors to try to collect discharged debt. Not all collection phone calls are illegal, and some types of debt can be collected after bankruptcy. We’ll help you recognize the difference and learn how to stop debt collectors that violate a bankruptcy court order.

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How It Started… One Upsolver’s Quest To Discharge Her Student Loans

One Upsolver who is actively in the process of seeking a discharge of her student loans has shared parts of her journey with us. While her incredibly detailed outline will soon be turned into a guide of sorts, we thought it might be helpful to give others an idea of where she started.

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Chapter 7 Document Checklist

Filing bankruptcy is a very document intensive process. In this article, we’ll look at what documents you’ll need to gather to ensure your case proceeds smoothly and without unnecessary complications.

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What are Non-Dischargeable Debts in a Bankruptcy Filing?

Non-dischargeable debts are debts that can’t be eliminated in a bankruptcy because the U.S. Bankruptcy Code doesn’t allow it. If you have non-dischargeable debts, a Chapter 7 bankruptcy case will not get rid of the debt. However, a Chapter 7 case can get rid of other debts so that you can pay non-dischargeable debts. Most debts are eligible for a discharge in Chapter 7.

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What are Non-Dischargeable Debts in a Bankruptcy Filing?

Non-dischargeable debts are debts that can’t be eliminated in a bankruptcy because the U.S. Bankruptcy Code doesn’t allow it. If you have non-dischargeable debts, a Chapter 7 bankruptcy case will not get rid of the debt. However, a Chapter 7 case can get rid of other debts so that you can pay non-dischargeable debts. Most debts are eligible for a discharge in Chapter 7.

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Guide to PACER: Getting your court notices without an attorney

PACER stands for Public Access to Court Electronic Records. It’s a system to access case information, the docket, and the documents filed in a particular case electronically.

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Your Bankruptcy Discharge Date

Obtaining a bankruptcy discharge is the primary goal of every individual who files bankruptcy. The discharge date is the most important date in a personal bankruptcy, second only to the date the case was initially filed. Let’s take a look at 4 things you should know about your bankruptcy discharge, when your discharge will be granted by the bankruptcy court, and how to figure out the date of your discharge even if you can’t find your paperwork anymore.

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What is Debt Settlement?

Debt settlement is a type of debt relief that may allow you to settle your debts for less than the full amount due. Most debt settlement programs work by setting aside money to negotiate with, then making settlement offers one debt at a time. But, like any debt relief solution, debt settlement isn’t for everyone. In this article, you’ll learn more about how debt settlement works, the benefits of making lump sum payments, and the risks you should know about.

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What does the bankruptcy discharge do?

A bankruptcy discharge is an order from the Bankruptcy Court that is granted to the filer in a successful Chapter 7 bankruptcy case. Discharge orders are also entered in Chapter 13 cases, but only if the filer is eligible for a discharge, which most often includes completing the payment plan. The debt that is discharged depends in part on the type of bankruptcy you file.

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What does the bankruptcy discharge do?

A bankruptcy discharge is an order from the Bankruptcy Court that is granted to the filer in a successful Chapter 7 bankruptcy case. Discharge orders are also entered in Chapter 13 cases, but only if the filer is eligible for a discharge, which most often includes completing the payment plan. The debt that is discharged depends in part on the type of bankruptcy you file.

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Provide free evaluations to people who need help

If you’re an experienced bankruptcy attorney who provides affordable assistance and has a pristine record with your State Bar Association, we invite you to reach out to us.

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What is non-exempt equity?

What property you are allowed to keep and what you may be forced to sell or surrender when you file a Chapter 7 bankruptcy depends on how much non-exempt equity you have in the item. Let’s explore what this means for you, so you can choose the path to debt relief that makes the most sense for you.

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What is non-exempt equity?

What property you are allowed to keep and what you may be forced to sell or surrender when you file a Chapter 7 bankruptcy depends on how much non-exempt equity you have in the item. Let’s explore what this means for you, so you can choose the path to debt relief that makes the most sense for you.

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What Is A Co-Debtor and How Does My Bankruptcy Affect Them?

When you file bankruptcy, your co-signers will remain responsible for paying the debt that they co-signed for that is discharged in your bankruptcy. As long as they continue to pay the debt, your bankruptcy will not affect their credit.

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What Is A Co-Debtor and How Does My Bankruptcy Affect Them?

When you file bankruptcy, your co-signers will remain responsible for paying the debt that they co-signed for that is discharged in your bankruptcy. As long as they continue to pay the debt, your bankruptcy will not affect their credit.

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Rebuilding Credit After Bankruptcy (A Guide)

A bankruptcy does not destroy your credit forever. Instead, following some simple tricks and taking advantage of the various credit repair tools can help you build a stronger credit report and higher credit score after filing for bankruptcy.

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Rebuilding Credit After Bankruptcy (A Guide)

A bankruptcy does not destroy your credit forever. Instead, following some simple tricks and taking advantage of the various credit repair tools can help you build a stronger credit report and higher credit score after filing for bankruptcy.

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How do I prepare for my hearing?

Your bankruptcy process will include at least one (the 341 meeting), and likely two (fee waiver) hearings. Here are some of the most common hearing types you might encounter along the way to your fresh start.

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How do I prepare for my hearing?

Your bankruptcy process will include at least one (the 341 meeting), and likely two (fee waiver) hearings. Here are some of the most common hearing types you might encounter along the way to your fresh start.

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What are the Virginia Bankruptcy Exemptions?

Exempt property, such as a car or trade implements, is free of the claims of your creditors and can’t be taken by your trustee to be liquidated. Laws in Virginia determine the types as well as the amount of exempt property.

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Is It A Good Idea To Delay Filing Bankruptcy?

There are times when filing bankruptcy as soon as possible is best, but, there are other times when it may be a good idea to delay the filing. This article will explore some of the circumstances that may justify filing for bankruptcy right away and some of the circumstances that may warrant a delay.

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What Are Disposable Earnings?

Did you know that creditors have the right to seek a garnishment order against you if you fail to repay your debt? This article will give you an overview of what income may be garnished under the law and how to avoid and/or stop garnishment actions by filing a Chapter 7 bankruptcy case.

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What are the Texas Bankruptcy Exemptions?

If you live in Texas, you are lucky. It is one of the best states in the US in which to file bankruptcy. Here is why you will benefit from filing bankruptcy in Texas. Some US states, including Texas, allow filers to choose between the federal bankruptcy exemptions and the state exemptions. However, it has to be one or the other—if you opt for the Texas state exemptions, you cannot cherry-pick specific exemptions off the federal bankruptcy exemptions, and vice versa.

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Is life Insurance Protected in Bankruptcy?

A bankruptcy filing can provide debt relief and protection against collection activity and creditor harassment. Bankruptcy also provides asset protection, as many debtors file without losing any property. Exemptions help debtors protect their assets, including life insurance policies. However, receiving life insurance proceeds for a certain amount of time before and after filing bankruptcy is a significant event that must be reported to your bankruptcy trustee.

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What are the Michigan Bankruptcy Exemptions?

Michigan allows residents to choose between the federal bankruptcy exemptions and state exemptions.

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How Settling a Credit Card Debt Affects Your Credit Score

Settling a credit card account will resolve your debt, but before you commit to this course of action, please read on to learn more about the negative impacts a debt settlement will have on your credit score, alternative debt-relief options, and how you can turn debt relief into a positive opportunity to rebuild your credit over time.

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Bankruptcy Basics: What Is Bankruptcy & How Do I File?

In a nutshell, a bankruptcy case is a legal course of action that puts your debt behind you so you can get a fresh start. This article will give you a short explainer on bankruptcy basics, including what types of cases you can file, how to file bankruptcy, and what to expect from the bankruptcy process.

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Foreclosures & Eviction Protections Under The CARES Act

As Americans struggle to cope with the financial uncertainty caused by the Covid-19 pandemic, the United States Congress has passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Among other things, the CARES Act protects borrowers of federally backed mortgage loans from foreclosure. This article will discuss the foreclosure protections, moratorium on evictions, and other mortgage relief implemented by the CARES Act.

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Discharge vs. Dismissal: What's the Difference?

Many individuals filing bankruptcy for the first time are unsure of the terminology used by lawyers and the courts. Two words that frequently confuse first-time filers are “dismissed” and “discharged.” The purpose of this article is to explain the difference between the two and when lawyers and the court are most likely to use them when referring to your case.

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How to Remove Collection Accounts From Your Credit Report

You have a legal right to dispute debt reported by collection agencies and debt collectors. You can ask for validation or that it be removed from your credit report.

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COVID-19 and Bankruptcy: Frequently Asked Questions

The Bankruptcy Court has been closely monitoring and following recommended guidelines from the Centers for Disease Control and Prevention (CDC) and local public health officials, and preparedness guidelines from the Administrative Office of the U.S. Courts (AO) regarding the Coronavirus Disease 2019 (COVID-19) and is releasing updates almost daily. This article provides some guidance for frequently asked questions.

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What Is a Judgment and What Do I Do About It?

Learn the nuts and bolts about judgments, where they come from, what happens when a creditor gets a judgment against you, and what you can do to minimize the consequences associated with debt-related judgments.

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Intellectual Property and Bankruptcy

Intellectual property receives special treatment in bankruptcy. It's important to evaluate applicable law, review licenses, contracts, ownership status, and navigate IP laws, bankruptcy laws, contract laws, and state laws before filing a bankruptcy.

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How to Pay Off Credit Card Debt When You Have No Money

There are a number of strategies to put in place when you find yourself in credit card debt. Common advice includes tightening your budget, prioritizing your highest-interest accounts and negotiating with creditors. But those strategies only work if you actually have some money to put toward paying down your credit card debt. What are you supposed to do if you truly have little to no money to put toward your debt?

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Where can I take the first credit counseling course?

You can take the course from any provider that has been approved to offer the course by the United States Trustee.

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What is Upsolve's Contact Information?

As a small nonprofit we sadly don't have the resources to be able to provide phone or other live support. If you are a current user and need to get in touch with us, please please visit help.upsolve.org and use the "Submit a Request" feature in the top right corner to send us a message and someone will get back to you as soon as possible. If you have general questions about filing bankruptcy, feel free to visit our Learning Center any time to find out more about the process and what to expect.

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How to Stop Collection Calls (Guide)

If you have debt you’re struggling to manage, you don’t need the added stress of irritating collection calls. Keep reading to learn how you can stop debt collection calls from interrupting your life.

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Can A Judgment Creditor Take My Car?

Once a creditor files a lawsuit and is awarded a judgment by the court, it has several options to satisfy its debt. It can garnish wages or levy a bank account. It can also obtain a judgment lien and place it on real property such as a house or even personal property such as an automobile. This article will explain your options and how you can use them when a so-called judgment creditor files a lien on a motor vehicle.

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What is the presumption of abuse in bankruptcy? 

This article will explain what the presumption of abuse is and take a brief look at how it's possible to file Chapter 7 bankruptcy even though there is a presumption of abuse.

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What is the presumption of abuse in bankruptcy? 

This article will explain what the presumption of abuse is and take a brief look at how it's possible to file Chapter 7 bankruptcy even though there is a presumption of abuse.

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How A Personal Bankruptcy Lawyer Can Help You Erase Debt

A personal bankruptcy lawyer can help you erase debts or you may choose to file bankruptcy on your own. Depending on the complexity of your situation and the type of bankruptcy you file, hiring a personal bankruptcy lawyer can be a great investment.

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What are the Colorado Bankruptcy Exemptions?

While the U.S. Bankruptcy Code operates in basically the same way throughout the country, there is one important exception: States have the ability to choose whether their residents can use the federal bankruptcy exemptions or have to use the exemptions available under state law even in a bankruptcy. While some US states allow people to choose between exemptions drafted by state lawmakers and federal bankruptcy exemptions, as a Colorado resident, you are not permitted to use the federal exemptions. Fortunately, Colorado has generous bankruptcy exemptions that can protect your property. So, you will have to use Colorado’s bankruptcy exemptions and federal nonbankruptcy exemptions, if applicable in your case. Unless stated otherwise, married couples in the state filing together can usually “double” the amount, provided both have an ownership interest in the relevant asset or property.

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Can My Spouse Be Pursued for My Debts?

A judgment is a court order declaring that you do owe the debt and must repay it. How all of this can affect your spouse, if you are married, largely depends on whether you reside in a common law or community property state and the judgment-debtor laws of your state.

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Debt Collection Basics: Can I Pay Off Debts in Collection?

Learn how to tell if your debt is in collection, how you can use a payment plan to pay off your past-due debt and what steps you can take to stop stressful collection account activity.

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Bankruptcy for Senior Citizens

Filing any bankruptcy can be a complicated process but filing bankruptcy as a senior citizen can be especially challenging. This article will discuss when bankruptcy may be right for seniors, the types of bankruptcy and debt relief alternatives to filing for bankruptcy.

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The Small Business Reorganization Act: How Subchapter V Election Changes A Small Business Debtor’s Bankruptcy Filing

The SBRA creates a subchapter to Chapter 11 that is designed to allow small business debtors an alternative to large and expensive Chapter 11 cases. Electing Subchapter 5 removes many of the financial barriers and administrative burdens faced by small business debtors in a typical Chapter 11 case. While Subchapter 5 streamlines the Chapter 11 bankruptcy process, you will still need an attorney to successfully complete this bankruptcy successfully, as it is a complicated process.

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What Does Bankruptcy Mean?

Bankruptcy is one of those words that everyone’s heard but many don’t really know what it means. Especially with so many high profile bankruptcies in the news these days, it can be hard to figure how bankruptcy can actually help a regular consumer. Let’s take a look at what bankruptcy means and how the different types of bankruptcy enable you to take back charge of your finances.

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How to Protect Property from Garnishment

A garnishment is an order by a court to withhold and surrender a portion of a person’s pay to another entity that has been awarded a judgment against the debtor. Exemptions exclude certain property or funds from being taken by way of garnishment or levy.

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What Happens If I Have Pawned Property and File For Bankruptcy?

Pawn transactions are almost always the last option for individuals seeking cash, as pawn contracts do not favor the borrower. They favor the pawnshop or title loan company. If you’re thinking about filing for bankruptcy, read on to learn more about how pawn shops work, what a title loan is, and what happens to these transactions in a bankruptcy case.

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What are the Wisconsin Bankruptcy Exemptions?

You will find a list of available exemptions in the federal Bankruptcy Code, or you may instead decide to use exemptions available under Wisconsin law. However, keep in mind that each state has the option of “opting out” of this scheme. Bankruptcy filers in an opt-out state may only use their state exemptions and not use the federal exemptions. As Wisconsin hasn’t opted out of the choice between state exemptions and federal exemptions, Wisconsinites who file bankruptcy can choose between federal bankruptcy exemptions or state exemptions. Actually, you will be happy to know that Wisconsin is one of the few US states that allows filers this choice, and this is a real advantage if you are filing Chapter 7 in the state. However, keep in mind that you are not allowed to cherry-pick exemptions from both lists; you can select only one set of exemptions. If you’re using Wisconsin law to exempt your property, you can also use the federal nonbankruptcy exemptions, if applicable. This also means that if you’re filing for bankruptcy in the state, you should review both sets of exemptions and then choose what scheme can best protect your property. Hiring an attorney can be helpful in this respect.

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What are the Oregon Bankruptcy Exemptions?

There is some good news for Oregonians who are looking to file for bankruptcy protection in the state. Note that now there are 2 separate systems of bankruptcy exemptions to protect Oregon filers in bankruptcy. The Governor signed a significant law on July 1, 2013, that now allows individuals filing either Chapter 7 bankruptcy or Chapter 13 bankruptcy in the state to elect to use federal bankruptcy exemptions. It is a huge change to the bankruptcy process in Oregon with a substantial impact on bankruptcy cases now being filed.

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What are the Ohio Bankruptcy Exemptions?

Although some states in the country allow people to choose between the federal bankruptcy exemptions and state exemptions, this option is not available if you are filing bankruptcy in Ohio. Ohio, like many other states, has its own bankruptcy exemptions. If you’ve lived in Ohio for at least 2 years when filing your case, you have to use the Ohio bankruptcy exemptions and can’t use federal exemptions Note that one great advantage of using state bankruptcy exemptions in Ohio is that you will have an additional list of bankruptcy exemptions that might be available to you. So, while you have to use Ohio bankruptcy exemptions if you file a bankruptcy in the state, you can use the federal nonbankruptcy exemptions as well. These exemptions protect certain qualifying property, like federal and military retirement benefits.

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What are the Illinois Bankruptcy Exemptions?

If you have done a bit of research on bankruptcy cases in Illinois or exempt property, you will probably have come across the terms federal bankruptcy exemptions and state exemptions. Many states in the US allow people to choose between the federal exemptions and state exemptions. However, you don’t have that option in Illinois. In Illinois, you are not permitted to use the federal bankruptcy exemptions if you’ve lived in the state for at least 2 years when you file bankruptcy. Fortunately, Illinois has generous bankruptcy exemptions that can protect your property.

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Is Upsolve the same as DebtorCC?

No, Upsolve is not the same as DebtorCC. Upsolve is a legal aid nonprofit that helps low-income Americans get Chapter 7 bankruptcy relief without an attorney. DebtorCC is a government approved credit counseling company that offers the required pre- and post-filing bankruptcy courses to folks in all 50 states.

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What Happens if You Ignore Debt Collectors?

Most of us don’t like talking to debt collectors. Anxiety over past-due bills runs high enough. No one wants the added pressure of collection calls and threatening letters. To make matters worse, many people who have collection accounts feel powerless. When there isn’t enough money to go around, it may seem pointless to pick up the phone and talk to a collection agency. Even talking with an original creditor can be tough once your account moves into collection status. Fortunately, you have options for taking charge of your debt and rebuilding financial security. Upsolve is here to help you find the information you need to make the right decision for you and your family.

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Corporate Bankruptcy Explained

When a corporation gets into financial trouble, the company may be able to file for bankruptcy protection. In some ways, corporate bankruptcy is like consumer bankruptcy. But, there are also important differences. In this article, you’ll learn how the two types of business bankruptcy differ, how each works, and how corporate bankruptcy is different from personal bankruptcy.

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Should I inform my tax preparer about my bankruptcy case

Yes. If you find out that you are owed a refund there may be special instructions provided by your trustee that you will need to follow regarding your refund check that your tax preparer must know before filing your returns.

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What is debt consolidation?

Debt consolidation is one of many possible options for debt relief. In simple terms, debt consolidation involves combining multiple debts into one obligation. However, there are risks and downsides associated with taking on this type of debt. This article describes how debt consolidation works, how it can be beneficial, and what pitfalls you may face.

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What is credit counseling?

Credit counseling is not a debt relief solution in itself. Instead, it’s a starting point for people who are looking for the right solution.

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Debt Consolidation v Bankruptcy – Which is Better?

Almost anyone who is experiencing difficulty paying their bills and considering filing for bankruptcy will come across advertisements or solicitations for something known as “debt consolidation.” This article will discuss the difference between debt consolidation and bankruptcy and give you some help in deciding which is better for you.

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What are Priority Unsecured Debts?

We usually hear debts divided into two categories: secured and unsecured. A debt is secured if the lender has a security interest in some property and can take that property if you don’t pay. But, in bankruptcy, there are other important distinctions. Some unsecured debts get special treatment. In this article, we’ll explain the different types of unsecured debt, and what it means when a debt has priority.

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Bankruptcy and the Homestead Exemption

Bankruptcy exemptions play an important role in Chapter 7 cases, and the homestead exemption may be the most important of all. It’s the homestead exemption that makes it possible for many people to wipe out unsecured debt in Chapter 7 bankruptcy without losing their homes. In this article, you’ll learn how the homestead exemption may protect your house in bankruptcy. We’ll also touch on some of the limitations of the homestead exemption. And, we’ll discuss alternatives for people who aren’t fully protected by their state’s exemptions.

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Which states allow me to use the federal bankruptcy exemptions?

Find out which states allow filers to choose between their state's exemptions and the federal bankruptcy exemptions.

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Telling your Creditors about Filing Bankruptcy

You don’t have to tell a creditor that you’re filing bankruptcy before you file. Doing so may or may not help you simmer down collection calls. Once your case is filed, the court notifies your creditors.

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What to do if you have to get something notarized for your bankruptcy case

While it’s not common in bankruptcy cases, there are occasions when a filer may be required to submit a document with a notarized signature. When a signature is notarized, the notary public has confirmed the identity of the person signing the document and made sure that the person is signing the document voluntarily. 

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Upsolve is a 501(c)(3) nonprofit that started in 2016. Our mission is to help low-income families who cannot afford lawyers file bankruptcy for free, using an online web app. Spun out of Harvard Law School, our team includes lawyers, engineers, and judges. We have world-class funders that include the U.S. government, former Google CEO Eric Schmidt, and leading foundations. It's one of the greatest civil rights injustices of our time that low-income families can’t access their basic rights when they can’t afford to pay for help. Combining direct services and advocacy, we’re fighting this injustice.

To learn more, read why we started Upsolve in 2016, our reviews from past users, and our press coverage from places like the New York Times and Wall Street Journal.

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