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    st common forms of handling debt. The up side is that the majority of your debt will be gone once you've filed. The down side is that you may still have to pay certain bills, your credit will be
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    Debt consolidation is one option you have for eliminating your debt problems. Debt in the form of loans, house payments, credit cards, and other bills can often add up in a hurry. It's as easy as falling behind on your payments for just one month – one slip can have you struggling to catch up for months after – or even years. Borrow money to pay for these debts and you could find yourself with even higher payments than before and for a longer amount of time.

    What Are Your Options?

    When it comes to getting rid of your debt, your options are many: filing for bankruptcy, dipping into your personal savings, borrowing money from relatives or friends, and debt consolidation.

    Bankruptcy

    Filing for chapter 7 and chapter 13 bankruptcy are one of the most common forms of handling debt. The up side is that the majority of your debt will be gone once you've filed. The down side is that you may still have to pay certain bills, your credit will be

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    s falling behind on your payments for just one month – one slip can have you struggling to catch up for months after – or even years. Borrow money to pay for these debts and you could find yourself with even higher payments than before and for a longer amount of time.

    What Are Your Options?

    When it comes to getting rid of your debt, your options are many: filing for bankruptcy, dipping into your personal savings, borrowing money from relatives or friends, and debt consolidation.

    Bankruptcy

    Filing for chapter 7 and chapter 13 bankruptcy are one of the most common forms of handling debt. The up side is that the majority of your debt will be gone once you've filed. The down side is that you may still have to pay certain bills, your credit will be

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    Ok, you're on your way to realizing one of your life's greatest accomplishments: a college degree. Now it's time to get a job. The job application process can be long and stressful; with everything from application forms, resumes and cover letters to write to aptitude tests and assessment centres to face. Bu
    elf with even higher payments than before and for a longer amount of time.

    What Are Your Options?

    When it comes to getting rid of your debt, your options are many: filing for bankruptcy, dipping into your personal savings, borrowing money from relatives or friends, and debt consolidation.

    Bankruptcy

    Filing for chapter 7 and chapter 13 bankruptcy are one of the most common forms of handling debt. The up side is that the majority of your debt will be gone once you've filed. The down side is that you may still have to pay certain bills, your credit will be

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    cy, dipping into your personal savings, borrowing money from relatives or friends, and debt consolidation.

    Bankruptcy

    Filing for chapter 7 and chapter 13 bankruptcy are one of the most common forms of handling debt. The up side is that the majority of your debt will be gone once you've filed. The down side is that you may still have to pay certain bills, your credit will be

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    st common forms of handling debt. The up side is that the majority of your debt will be gone once you've filed. The down side is that you may still have to pay certain bills, your credit will be destroyed, and you will still have to make tax payment for another three to five years – and that's while you struggle to re-build your credit by keeping up with new bills.

    Savings Accounts

    Is this the emergency you've been saving for? Or is this the college fund for the kids or your retirement account? Do you even have a savings that would pay off the debt that you've acquired? Emptying your savings account to pay off debt could seriously change the course of your life, depending on your savings goal. Consider carefully before choosing this option.

    Borrowing Money

    Similarly, borrowing money from friends and family can change your life in ways that you may not be prepared for. Yes, the creditors may not be calling any longer, but holidays and

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