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How to deal with debt after you lost your job

People tend to view debt differently before and after a job loss regardless of their circumstances. For example, say you had debt, and it was manageable. You had no problem making the mortgage, car and credit card payments every month. However, you lost your job, and what was manageable is not any longer. Even if you have a nice chunk of savings built up for such an occurrence, you can run through that before finding another job.

How does bankruptcy affect divorce?

Between figuring out property division and child custody, divorce proceedings are complex enough under normal financial circumstances. Divorce also uses up a lot of money in legal fees, especially when it is highly contentious.

What debts can you eliminate with Chapter 7 bankruptcy?

Is your debt building up and getting unmanageable? If so, you might be considering all your options, including chapter 7 bankruptcy. Filing for bankruptcy is an important life decision that impacts your finances significantly. Due to the weight of this issue, you should understand exactly what chapter 7 bankruptcy can do for you.

3 benefits of filing for bankruptcy

Every year, millions of American consumers get in over their heads when it comes to debt. While many often associate bankruptcy with spending more money than you have, the reality is that there are many reasons that overwhelming debt may be an issue.

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