"Access to the funds markets is vital to PREPA's capability to function reliably and to satisfy shopper desires," they wrote. "We've been persuaded that, without the need of such obtain, PREPA's efficiency will only continue to deteriorate, endangering Puerto Rico's economic Restoration."Only lots of people are permitted to file Chapter 7 bankruptc

 You can find Courtroom oversight of one's repayment approach.  And under debt consolidation options, a 1099-C can be issued for almost any debt that's cancelled, making that financial debt taxable money.  Whenever a Chapter thirteen is submitted, and the program for prepayment is verified, there aren't any tax penalties for any debts

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