Once a bankruptcy decision is made, bankruptcy proceedings begin, and the debtor acquires the status of "bankrupt." At the time bankruptcy proceedings begin, all assets of the bankrupt that are subject to seizure, regardless of their location or who possesses them, are subject to attachment...
One of the common mistakes in practice is the seizure of pets as part of the debtor's foreclosure process. Pets have a significant emotional and psychological impact on the family...
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