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- Feb 26
Bankruptcy and Your Credit
Many people see bankruptcy as the worst possible thing that could affect their credit. They believe once they file, they will never be able to buy a home, finance a car or obtain a credit ever again. While bankruptcy does leave a temporary black mark on your credit file, it will not prevent you from ever obtaining credit again. First of all, think about your current financial position; if you are paying bills late or missing them altogether, your credit score is already suffe
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