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David Haynes

What Do You Intend?

By , About.com GuideJanuary 31, 2012

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In bankruptcy, you must fill out a form called the "Statement of Intention." This form tells the Bankruptcy Court what you want to do with your property that has liens on it. This might include your car if you have a car loan, or your home if you have a home loan.

This form is extremely important as it can determine the fate of your property, particularly if you do not fill it out correctly!

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