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But Indiana filers can’t utilize the federal bankruptcy exemptions for the reason that Indiana has opted out of these. They are able to only use Indiana’s bankruptcy exemptions.For anyone who is suitable according to the indicates check, your situation will move forward. Should you’re not qualified, you may have the option to file for Chapter

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Chapter 7 bankruptcy offers the debtor a thoroughly clean slate and is sometimes known as liquidation bankruptcy or straight bankruptcy. The term “liquidation,” in reference to Chapter seven bankruptcy, denotes The point that the trustee during the bankruptcy continuing is cost-free to liquidate unprotected or non-exempt property as a way to re

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