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What is a Bankruptcy Hearing?

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What is a Bankruptcy Hearing?

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Bankruptcy hearings are appearances before a bankruptcy court. The purpose of a bankruptcy hearing is to render a decision on some aspect of a petition for bankruptcy, or to ultimately grant or reject the petition. The exact structure of the hearing, as well as the number of hearings that take place before the bankruptcy is approved by the judge, often depends on the laws in force in a given jurisdiction and the type of bankruptcy action that is before the court. In just about all locations, there is an initial bankruptcy hearing to determine if the petition has merit. That is, after reviewing the essentials of the situation, the judge will determine if the bankruptcy request is in line with applicable laws. With some types of bankruptcy, this simple hearing is all that is required. The judge can approve the petition and the process of creating the plan associated with the elimination of the debt goes into effect. Other situations may require an additional bankruptcy hearing before the

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