BANKRUPTCY 3

Author: Mock Webware

HOW IT WORKS

A legal process to relieve you of your debt obligations. Chapter 7 and Chapter 13 most common bankruptcy types used by consumers.

PROS

  • Creditors cannot attempt to collect.
  • Generally a quick process
  • Debt is no longer owed.

CONS

  • Can be difficult to qualify
  • No longer able to use accounts
  • Long term damage to credit


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