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A “Right to Setoff” is a legal right that allows debtors to reduce the amount owed to a creditor (financial institution) by offsetting against any amounts owed from the creditor to the debtor. If our ...
The U.S. Trustee's Office has recently updated the figures that will be used to determine whether a debtor qualifies to file for Chapter 7 Bankruptcy under the "Median Income" test. A debtor will pass ...
