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Bankruptcy

Should You File Bankruptcy?

Before taking a drastic measure like filing for bankruptcy you need to make sure you have exhausted every other option available. Filing for bankruptcy does not necessarily mean your debts are completely eliminated. If you do not qualify for a Chapter 7 you may be subject to a Chapter 13 and have to pay back portions of your debt through a court ordered repayment program

It is critical that as a consumer you are aware of every available option in the marketplace before making such a long-lasting decision that will have negative financial and credit implications as severe as bankruptcy. While bankruptcy is the best option available for some consumers, it should be avoided until all other options are off the table.

Call us today to find out how you can possibly avoid taking such a drastic step and get your financial well-being heading in the right direction.

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