Trying to Avoid Bankruptcy?


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When someone’s debts are too great for them to handle and they are facing repossessions, garnishments, or foreclosure because of their debts, they might file for bankruptcy. Filing for bankruptcy is sometimes seen as a relief from these financial struggles, but what many people don’t realize is that bankruptcy is in itself a burden. Making payments current is a huge stress of this process, and if people fail to make these payments, they can lose bankruptcy protection,causing them to face foreclosure.