Comment on Bankruptcy is an option for homeowners trying to avoid foreclosure

Bankruptcy is an option for homeowners trying to avoid foreclosure

If nothing else, the legal maneuver will buy them some breathing room. But it also will destroy their credit rating, and it may not even be necessary. To most people, bankruptcy is a four-letter word. But when all else fails, declaring bankruptcy can be an honest and time-tested legal maneuver to save your house from foreclosure.

 

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