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The Watercooler
Bankruptcy
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<blockquote data-quote="trinityroyal" data-source="post: 273545" data-attributes="member: 3907"><p>MWM, when you get pushed to the wall, sometimes it's the only choice. As you say, it gets you out from under the creditors and clears the slate so that you have some time to recoup.</p><p></p><p>If you're not planning on applying for loans or credit, then the usual downsides of bankruptcy will not affect you as badly as they might do for someone else. </p><p></p><p>If it's the only way out of the hole, then it sounds like it's the right decision for your family.</p><p></p><p>Sending {{{hugs}}}</p><p>Even if it's the right decision, it's sure not an easy one.</p><p></p><p>Trinity</p></blockquote><p></p>
[QUOTE="trinityroyal, post: 273545, member: 3907"] MWM, when you get pushed to the wall, sometimes it's the only choice. As you say, it gets you out from under the creditors and clears the slate so that you have some time to recoup. If you're not planning on applying for loans or credit, then the usual downsides of bankruptcy will not affect you as badly as they might do for someone else. If it's the only way out of the hole, then it sounds like it's the right decision for your family. Sending {{{hugs}}} Even if it's the right decision, it's sure not an easy one. Trinity [/QUOTE]
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