The Advantages of Bankruptcy

Bankruptcy does offer attractive advantages to the financial challenges. There are many things to remember when considering bankruptcy:

• A Fresh Financial Start
  In most cases, the allure of bankruptcy is a release of debt and a fresh financial start.

• Keeping Assets
  You may be able to keep many of your assets, although state laws vary.

• Collection Efforts Stop
  As soon as your petition is filed most collection activity ceases.

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