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Getting the most out of bankruptcy is all about the details

Each year, thousands of people initiate bankruptcy procedures. Unfortunately, many of these individuals don't truly get the most out of the process, either because they do not complete the requirements, or because they do not have proper guidance to help them identify nuances in the law that can work in their favor.

Credit card crash: 3 tips for getting out of credit debt

Credit card debt piles up quickly. Perhaps you lost your job or needed to purchase a new furniture set and now don't have the hours earned enough to pay the debt. Maybe you put medical bills on your credit cards but are in over your head in debt thanks to high interest rates.

3 tips for getting rid of debt when you're in over your head

When you have a large amount of debt, the last thing you want to do is answer calls from debt collectors or spend all you have on a payment that lasts only one month. People get into debt for all kinds of reasons, from losing a job to suffering from medical emergencies that land them in thousands of dollars in debt. If you've found yourself in that situation, you may want to consider paying down your debt with some of these tips.

What property could you keep after Chapter 7 bankruptcy?

When faced with substantial unsecured debt, you may experience overwhelming feelings of anxiety and depression. These feelings typically occur due to believing that you cannot escape the financial burdens that weigh so heavily on you. However, you do have options for potentially discharging most, if not all, of those unsecured debts. If you qualify for Chapter 7 bankruptcy, filing a petition could allow you to take the first step toward a fresh start.

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