The debtor then pays an agreed-on sum of cash on a monthly basis to the trustee, successfully consolidating the debts into an individual regular monthly payment. The trustee, subsequently, distributes The cash into the debtor's creditors. Debtors don't have any direct contact with
Post I, Area eight, of America Structure authorizes Congress to enact "uniform Legislation on the topic of Bankruptcies." Less than this grant of authority, Congress enacted the "Bankruptcy Code" in 1978. The Bankruptcy Code, which is codified as title eleven of The usa
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