http://www.totalbankruptcy.com/blog/bankruptcy-filing-jeopardizes-prize-money-destined-for-the-blind-deaf/ Bankruptcy and financial news Mon, 13 Feb 2012 03:33:30 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.totalbankruptcy.com/blog/bankruptcy-filing-jeopardizes-prize-money-destined-for-the-blind-deaf/#comment-6103 Filing chapter 7 bankruptcy Fri, 18 Sep 2009 13:18:32 +0000 http://www.totalbankruptcy.com/blog/?p=2001#comment-6103 There are a number of myths about bankruptcy and as a result many people misunderstand the process of filing for bankruptcy. Essentially, bankruptcy is a type of legal proceeding in which you legally declare that you are not able to pay all of the money that you owe. It grants consumers a fresh financial start while also providing the opportunity to potentially repay creditors in an orderly fashion. There are a number of myths about bankruptcy and as a result many people misunderstand the process of filing for bankruptcy. Essentially, bankruptcy is a type of legal proceeding in which you legally declare that you are not able to pay all of the money that you owe. It grants consumers a fresh financial start while also providing the opportunity to potentially repay creditors in an orderly fashion.

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