Bankruptcy can help wipe out credit card debt. Check out the other 2 ways it can help you.

I'm up to my ears in debts and thinking of filing bankruptcy to get rid of all. How can bankruptcy filing benefit me?

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Filing for bankruptcy could help you in three possible ways:

1) By wiping out credit card debt, medical bills, and other unsecured debt.
2) By putting an end to creditor harassment and collection activities.
3) By eliminating certain kinds of liens.


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