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Have bankruptcy laws changed recently so that the debt needs to be paid back now?

Asked by ItalianPrincess1217 (11979points) February 24th, 2011 from iPhone

I’m very interested in filing for bankruptcy. I live in NY state. Once I file and pay the lawyer, what happens? Do I still have to repay the debts? Please no information on how destroyed my credit will be. I’m well aware of the effect bankruptcy has on my credit. I’m only interested in how it all works. Thanks!

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