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What is bankruptcy?

How will bankruptcy affect me?

How will bankruptcy affect me?

When you file for bankruptcy, you must propose a repayment plan that details how you are going to pay back your debts over the coming years. The minimum amount you'll have to repay depends on how much you earn, how much you owe, and how much your unsecured creditors would have received if you'd filed bankruptcy.

What is bankruptcy?

By: Daniel Johnstone
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