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Home Mortgage Consumer Debt Bankruptcy In re Kelly 707 Motion to Dismiss Cherrett

Is a Home Mortgage Consumer Debt in Bankruptcy? [In re Kelly]

What is Consumer Debt? – Consumer Debt Definition under the Bankruptcy Code Consumer debt is defined in the United State Bankruptcy Code as “debt incurred by an individual primarily for a personal, family, or household purpose.” 11 U.S.C. § 101(8). An experienced bankruptcy attorney can help clarify this definition in addition to the guidance provided … Read More

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