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    Debt Consolidation or File for Bankruptcy?

    March 30th, 2010 by admin

    When looking for bankruptcy debt advice, a debtor should lay out their entire financial situation to a debt counselor and see if it seems feasible to pay off all their debt in 3 to 5 years. If that is not possible because of what you make and the amount of debt that you have then the only option that seems likely is to file Chapter 7 bankruptcy. After you file for bankruptcy, you’ll have the freedom of not having all the creditors calling you in a large weight will be lifted off your shoulders. Just getting out from all that stress will let you get your life back on track looking towards the future.

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