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Most people who qualify to file bankruptcy already have delinquencies, high credit balances, liens, judgments, foreclosures and or other issues that are our site negatively affecting their credit. In most cases, these individuals are not able to obtain financing or better employment. Bankruptcy does not make this worse. Bankruptcy creates a clean slate allowing one to start rebuilding their credit immediately. This will make it easier to obtain credit and qualify for better employment. It is possible to improve your credit score relatively quick, but you must first resolve your outstanding debt. Seeking professional advise can help you resolve your debt and better understand your credit report so you can improve your credit score, lower your expenses and provide a better quality of life for your family. Bankruptcy is not the end of your financial life, it is the beginning of a better, brighter, financial future. Ronald K. Bellenot Sr. is an attorney with Bellenot & Boufford LLC, 814 Main St.

https://themonroesun.com/bankruptcy-is-not-the-end-of-your-financial-life/

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