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- a federal right that offers
- a fresh financial start
- to those unable to pay their bills
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Advantages of Bankruptcy:
- A Fresh Start to get your life back in order.
- Most debt balances go to zero.
- Immediately stops repossession, utility shutoff, foreclosure, garnishments, and sometimes eviction.
- Property and income can be protected from credit card companies and other unsecured creditors.
- Many liens can be eliminated or modified.
- Your driver's license may be regained for an unpaid accident judgment, which could lead to employment and income.