Tag: Bankruptcy
Four Common Questions Regarding Declaring Bankruptcy
Bankruptcy is one of the most misunderstood financial tools that debtors have at their disposal. While it is perceived to be an event that causes you to lose everything, that is not necessarily true. It is actually a very freeing experience for many who utilize it. Bankruptcy can allow people to recover from serious financial […]
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Best Long-Term Ways to Escape Debt
Debt is like quicksand. Once you’re trapped in it, it will continue to pull you deeper down into its clutches the more that you struggle. The only way to free yourself from it is to focus on escaping debt in the long-term. Below are some methods devised to help you do just that. 1. Cut […]
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Know your Options: 4 Alternatives to Filing for Personal Bankruptcy
If you are experiencing financial problems and feel that declaring bankruptcy is your only option, know that there are other options. There are many ways to deal with credit problems and these 4 alternatives are options to consider for your own situation. In most cases, these techniques can help you to greatly improve your financial […]
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Five Things You can Do When You are Buried in Debt
There are many people living under a big burden of debt, and unfortunately, few are aware of the solutions they have that would allow them to get out of debt. With interest charges being high on credit cards, digging out of credit card debt is tough, but not impossible. Below are five things you can […]
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How Filing For Bankruptcy Could Save Your Money In The End
The filing of bankruptcy for an individual is a serious matter. It is very important for the potential petitioner to understand the negative ramifications and well as the possible benefits before moving forward with the filing. They also need to determine which form of bankruptcy will best serve them based on their overall situation. Due […]
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Should You Consider Bankruptcy?
Much publicity has surrounded the launch of Ireland’s new personal insolvency system in recent months. Less well publicised has been the major changes to the Irish bankruptcy procedure. In this article the team from the Debt Advice Ireland website consider whether those facing serious problems with personal debt should give consideration to becoming bankrupt. The […]
