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Bankruptcy And Mortgage Foreclosures

October 22nd, 2007

Another sound bankruptcy and mortgage foreclosures alternative would be to downscale as much as possible.  This means moving into a smaller house or apartment, taking on roommates, driving a less expensive car, selling off any assets that you can part with, etc.  The more money you can scrape together on your own, the less additional debt you’ll have to incur in the future.

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