Bankruptcy offers benefits, but it also carries significant consequences. The decisions you make when facing financial difficulty will affect your life for many years to come, so it is important to approach the issue of personal bankruptcy with care. More Than One Way Out does not provide “right” or “wrong” answers because the solutions to individuals’ financial problems will vary with their personal circumstances. It discusses the consequences of bankruptcy, introduces some possible alternatives, and helps you understand both the benefits and the risks of these alternatives.
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