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Bankruptcy Basics

Bankruptcy is a court proceeding that involves examining your assets and debts. The court decides if you have the means to pay all, some or none of your debt. Filing bankruptcy is a serious step with long-term credit and financial consequences, so it should be used as...

3 bankruptcy fears addressed

When considering bankruptcy, you may instinctively know that it could help you, but you may still feel a bit apprehensive about going through with it. The process makes you nervous. You don’t want to make any mistakes that you can’t take back. This is common, so rest...