Bankruptcy - Your Fresh Start

Topics:
Bankruptcies,
Commercial Lending
Tags:
Bankruptcy,
Business Operations,
Litigation,
Pointshop
Source:
Pointshop

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Overview: Most American consumers are living too close to the edge. They are carrying too much credit card and mortgage debt and have too little in the way of savings. When the inevitable unexpected crisis comes along, they have little left to handle it and quickly slip into a critical financial state. According to many bankruptcy experts, most people file for bankruptcy due to life-changing experiences, such as a job loss, divorce or serious illness. Uninsured medical expenses are supposedly the cause of about 20% of bankruptcy filings. But excessive debt also plays a very large role.

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