Should You File Bankruptcy?

Posted over 1 year ago. 1 helpful vote

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Some questions you should ask yourself if you are thinking of filing bankruptcy.

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Bankruptcy

Bankruptcy is a legal way for people or businesses who are no longer capable of paying back their bills to clear these debts and start over.

Chapter 7 bankruptcy

Chapter 7 bankruptcy is a form of bankruptcy where your debts are canceled, but some of your assets are sold to pay off part of your debt.

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