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Bankruptcy Blog

Recent Posts in Debt Relief Category

Federal Trade Commission Backs New Debt Settlement Law

The Federal Trade Commission has recently backed a new law that will make debt settlement more legitimate. It will prevent debt settlement companies from asking for fees upfront, but rather allowing ...
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Medical Debt and Bankruptcy

When people are filing for bankruptcy because they have a great deal of medical debt they may wonder if they can just list their medical debt in their bankruptcy petition and not list out their other ...
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National Credit Card Debt Average Drops

In August 2010, TransUnion filed a report that stated credit card debt averages have dropped to less than $5,000. During the same time period in 2009, the national average was $6,000. While most ...
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Chances for Businesses Declaring Bankruptcy Increase as Healthcare Costs Rise

According to an annual survey done by PricewaterhouseCoopers , U.S., businesses are expected to spend 9% more on healthcare this year than in 2009. Per information taken from previous surveys ...
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Bankruptcy "is" Sometimes the Best Choice

Most people who are halfway honest like to keep their financial agreements and pay their bills whenever possible. We feel better when we are able to meet our obligations and keep on top of things. ...
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Bankruptcy, a Few Facts to Keep in Mind

Advantages of filing bankruptcy One of the main advantages of filing for bankruptcy is that it takes the immediate overwhelming amount of stress out of the picture as creditors will stop harassing you ...
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Can I Eliminate All My Debt Through Bankruptcy?

If you're like most people struggling to pay off loads of debt, you've probably considered whether or not filing for bankruptcy is a good option for you. Depending on how much you know about the ...
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Alternatives to Bankruptcy

If you are struggling under mounting debt, the best thing you can do for your situation is determine how you will get a handle on your finances and overcome your debt. For some people that means ...
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