Does Filing BK Ruin Your Credit?

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Does filing bankruptcy ruin your credit?
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It is true, most of us have debt some tend to
accumulate a lot more debt than the average
person. Often these same individuals may find
themselves needing to file for bankruptcy to be
able to get their head above water with their
finances.
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Bankruptcy will most likely lower you credit
score initially. However, that doesnt mean you
wont be able to rebuild your credit! The good
news is bankruptcy can help stop the bleeding on
accounts reporting as continuously late and
possibly help with repossession status.
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• Prepare to take control of your economic future
• Discover how bankruptcy can give you relief from
  all your debt
• Reduce the stress on family members and friends
  who are supporting you financially
• Find out more about how filing for bankruptcy
  will help set up a better financial future

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If you have many debts and feel like this would
help eliminate some stress, it may be worth
talking to an attorney about what type of
bankruptcy, if any, is right for you.
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Whether or not filing for bankruptcy is the right
choice will depend on your financial situation.
For more info, please view our full blog post
HERE!