Times are getting tougher out there; money is tighter and wages are slim. If you’re in a position in which you’re unable to repay your outstanding debt, you might have considered filing for bankruptcy—that is, declaring in the eyes of the law that you are unable to pay your debt. While to many, significantly reducing or eliminating all monetary debt might seem like a dream come true, it isn’t something to take lightly. It does come with heavy consequences to your credit. Only a trusted bankruptcy lawyer or business lawyer like those at JD Haas can help determine if the process is right for you and your financial situation.
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