dischargeable debt Tag

26 Jun Bankruptcy : Why Do I Need To Save My Papers?

You need your bankruptcy papers are a shield against future collection actions for discharged debt. The answer is asimple phrase: "zombie debt". Zombie debt is the phenomenon of old and discharged debt being revived by debt buyers and debt collectors long after the debt has been rendered uncollectible. Check out Zombie Debt Haunts the Discharged and Zombie Debt.

Another reason: refinances or purchases of real estate.

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