If you are facing serious financial difficulties but want to avoid filing for bankruptcy, one option
is to look into the possibility of debt consolidation. Debt consolidation companies
consolidate your bills into one monthly payment. They do this by taking out a low interest
loan to pay off your debts....
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Many people are under the mistaken impression that filing bankruptcy automatically discharges all of
your debt. This is not usually the case. The discharge of debt depends a great deal on
your financial situation, the types of debt you have, and what kind of bankruptcy you file. ...
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