In 2017, 740,000 bankruptcy petitions were mainly from debts that were consumer in nature. The Federal Reserve also estimates household debts to be about $13 trillion. The top consumer debts are mortgages at $8.8 trillion, student loans at $1.4 trillion, and credit
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People choose to file for Chapter 13 bankruptcy for a number of reasons. Typically, someone filing for Chapter 13 bankruptcy has a steady source of income and is looking for a manageable way to get rid of their excessive debt that still
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Many people see the act of seeking help with filing bankruptcy as a last resort — and it is, in most cases. But that doesn’t mean you should completely rule out the idea of filing for bankruptcy, as a bankruptcy helps you
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