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Trusted Answers From Licensed Business Professionals

When Should I File For Bankruptcy?


While personal bankruptcy rates are on the decline from a high of almost 1.6 million in 2010, there were still nearly 1.2 million individuals that filed for bankruptcy in 2012 (source: uscourts.gov). If you believe you're on the brink of financial collapse, it is important to know when is the right time to file for bankruptcy. .
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While bankruptcy rates are on the decline from a high of almost 61,000 fillings in 2009, there were still nearly 50,000 businesses that failed in 2011. If your business is on the brink of collapse, it is important to identify if your personal credit will be impacted by a bankruptcy filing. .
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Marrying Someone that Just Filed For Bankruptcy?


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We understand that you are in a painful place just having to think about this question. But, it is better to address the matter than to hold off only to find out that you can't obtain a mortgage, credit card or any other financial instrument that requires a review of your credit history. .
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