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Bankruptcy Law Frequently Asked Questions (FAQs) | Missouri & Illinois Common Bankruptcy Legal Questions

 


Q: Will I ever be able to own anything again?

A: The fact is you can buy, own, control and possess whatever you can afford after filing for bankruptcy.  If you have or can come up with the money, there are no laws prohibiting you from buying homes, cars, trucks, equipment, household goods, etc., once you get what is called your ‘discharge in bankruptcy’.


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