| under the tighter bankruptcy rules that take effect today. Under the previous rules, borrowers could threaten to file for Chapter 7 bankruptcy protection and erase a deficiency along with credit-card bills and other unsecured debt. That bargaining chip soon will be less effective, equity home indiana loan because the new equity home indiana loan rules will make it much harder to qualify for Chapter 7 protection. The bankruptcy law changes will force more debtors to seek Chapter 13 protection and repay at least a portion of their debts through court-ordered payment plans. Lenders still |
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