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Bankruptcy and Children: 4 Frequently Asked Questions

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Declaring bankruptcy can be a difficult choice. It can be even more complicated if you have a family and children to think about. If you are overwhelmed by debt, then declaring bankruptcy can give your family a clearer path forward. However, you might need to think about a few things if you have children and if you're attempting to clear up child-related debts.

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Bankruptcy and Your Assets: What You Need to Know

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One of the most prevalent misconceptions concerning bankruptcy is the belief that you must surrender all your assets to qualify for relief from your debt. Fortunately, this is not the case. The treatment of your assets depends on the type of bankruptcy that you file and the type of assets that you own. Read on to learn how your assets will fare if you decide to file for bankruptcy.

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