Bankruptcy should be a last resort for people facing more debt than they can possibly repay.
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Deciding whether to file bankruptcy is an agonizing decision. If you're considering, take this quiz to see if bankruptcy may be right for you.
It’s hard to make decisions without a full understanding of the pros and cons of filing for bankruptcy
How long does bankruptcy stay on your credit report? The answer varies depending on what type of bankruptcy you file.
While a Chapter 7 bankruptcy can bring some immediate relief, it also comes with long-lasting repercussions. It’s best to understand the pros and cons before making any decisions.
In the United States, Chapter 7 bankruptcy is the most common form of bankruptcy filed. It is also known as straight or liquidation bankruptcy, and it allows for asset liquidation to pay off debts
Here are the signs it may be time for you to declare Chapter 7 bankruptcy