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When an individual suffering under the weight of extreme debt, whether it’s from credit cards, medical bills, mortgage loans, payday loans, or any other sort of debt, the most frequent legal advice they received from the attorneys is to file bankruptcy. But the Said side of that is that many people can get out of debt by paying much less then what they all, without having to resort to bankruptcy.

Bankruptcy is not right for everyone, and many people don’t even qualify. And even some people who qualify simply refuse to file bankruptcy. That is understandable considering the fact that bankruptcy is public information for the rest of one’s life. In the age of the Internet, any of your neighbors can’t pull up your bankruptcy filing and see all of your assets, all of your debts, how much money you make every month, and how much you spend on your bills and personal expenses, and much more information. And this information stays public forever, not just for 10 years. As a law firm that files thousands of bankruptcy’s for our clients, and continues to file thousands of bankruptcies, we ought to know.

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