Bankruptcy is a financial technique in which you file that you can?t pay back your creditors now or see a way to repay them in the future. Counting on your salary and the amount of money you have, a debtor may file chapter 7 or CH 13 bankruptcy. you can employ to help you out. However, in either case, bankruptcy is a pretty public thing. Your name and address will be advertised in at least one of the local papers for all of your friends to read, and your neighbors will see movers coming to take back some of your items. for many people, the toughest part of bankruptcy isn?t losing the money; it is losing dignity & pride.
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Personal Bankruptcy in California: It?s A Matter of Pride
Source: http://www.finance4noobs.com/personal-bankruptcy-in-california-its-a-matter-of-pride/
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