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How to Recover From Bankruptcy

Millions of individuals have filed for bankruptcy since its inception. This may come as a shock to many people who generally view bankruptcy as a state in which irresponsible individuals find themselves. Although bankruptcy occurs when someone is unable to pay their debts, there are a variety of circumstances and decisions which can bring about this unfortunate situation. According to Investopedia , medical expenses, employment loss, excessive spending/misuse of credit …

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Surviving Bankruptcy: Everything You Need to Know

Educate yourself and plan to avoid making the same mistakes again You might feel some relief once you file bankruptcy and your debts are consolidated into that one monthly payment, but do you realize how long this stays on your credit report? While the slate is clean, you still must deal with the crushing blow on your character. Not only can this impact your ability to buy what you want, …

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