Monday, June 28, 2010

Bankruptcy

Bankruptcy sticks with you for life. Don't declare it unless you have exhausted every other possible solution.

Those who have filed admit it never goes away,
and that it carries a stigma. Many forms you'll fill out later in life ask the question, "Have you ever filed bankruptcy?" You'll always have to answer yes no matter what your financial life has become since then.

Bankruptcy is an absolute last resort.
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