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Who Can Qualify for Bankruptcy?

Misfortune can come calling to anyone. None can save themselves when bad luck strikes. There are several examples of wealthy and influential people having to file for bankruptcy because they had accumulated many bad loans. Bankruptcy has been used by both individuals and organizations to get rid of various debts. According to Los Angeles based bankruptcy law firm, a good bankruptcy lawyer knows that to judge a person under heavy financial debt is futile because there are a number of reasons apart from the obvious, which can lead to a person accumulating huge debts. Some of the [...]