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Topic: History
Number of pages / Number of words: 3 / 638
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A person that is considering bankruptcy should first seek help. Non-profit organizations and commercial debt-adjustment firms are set up to counsel people and keep the financially sound. In most states it may be possible to file for bankruptcy without the help of a lawyer. This may not always be the wise choice because a lawyer can help explain what assets may be protected and which items that are exempted can be claimed...


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This may not always be the wise choice because a lawyer can help explain what assets may be protected and which items that are exempted can be claimed. Bankruptcy can protect a debtor by helping them meet their financial goals and by giving them a fresh start. It can also help creditors by giving them a chance to reclaim at least a part of their money...


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