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Should You File for Bankruptcy if a Strong Economy is Just Around the Corner

Titan Consulting

In many cases, you may also lose certain secured assets like homes and cars in a liquidation to pay your creditors some of what you owe. You must qualify to file for bankruptcy, and your income must meet an income means test. Filers must pass a means test to qualify for a chapter 7 bankruptcy.

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Credit Card Debt Forgiveness: What You Need to Know

Credit Corp

Credit card debt forgiveness, also known as debt settlement, involves negotiating with creditors to reduce the amount owed on your credit card balances. It’s crucial to fully understand the terms and consequences before pursuing debt forgiveness and to explore other options such as debt management or consolidation.

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How to File for Bankruptcy

Better Credit Blog

When Bankruptcy Makes Sense. Filing for bankruptcy is a big step, but sometimes it is the right one. is the spokesperson for Debt Consolidation Care and an attorney who helps his clients deal with bankruptcy, and he says sometimes it’s the best option people have at their disposal. Camron Hoorfar, J.D.