13 March 2007 11:15
What is bankruptcy? Who is it for?
On average, 1.4 million people claim bankruptcy every year. Declaring bankruptcy is a fact of life for many Americans. In fact, an increasing number of bankruptcy filers are well-educated, middle-class baby boomers with an overwhelming level of credit card debt. However, bankruptcy is not limited to this class. It can become an option for anyone who has reached a point where they can no longer support the debts they have incurred
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