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Bankruptcy offers fresh start in life
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For those who have tons of collection accounts and judgments against them, bankruptcy may be the solution. A Chapter 7 bankruptcy wipes out most creditors. A person who files bankruptcy can have unpaid credit cards, private debts, mortgages, loans, and other outstanding debts listed on the bankruptcy petition. There are certain debts that cannot be discharged through bankruptcy such as government loans, child support payments, and debts incurred through fraud.

 
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