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Why people file bankruptcy part 3

Posted by Percy A Lowe on March 15, 2013 at 7:00 AM

Recovering from bankruptcy has become much easier in recent years. Many lenders

rationalize that you are actually a better credit risk after filing bankruptcy because

you have very little debt and cannot legally file for bankruptcy for six years, as

opposed to someone drowning in credit card debt, a heavy mortgage and a car

payment.

 

Categories: Bankruptcy Recovery

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