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March 2016 Archives

Choosing consumer bankruptcy can protect against scams

Many Maryland consumers are struggling under heavy loads of debt. In an effort to regain financial stability, some sign on for debt relief services. While there are companies and organizations that provide legitimate debt relief options, a great many of these companies are little more than scams. It is important to understand that consumer bankruptcy offers a path out of overwhelming debt and carries little risk of being scammed out of one's hard-earned money.

Consumer bankruptcy can ease stress placed on one's children

Virtually all Maryland parents want to shield their children from harm and will go to great lengths to ensure that they are happy and healthy. What many do not understand, however, is the impact that financial troubles can have on their kids. A recent study suggests that families who carry high levels of unsecured debt also have a higher rate of childhood behavioral problems. For some families, this insight may make it easier to make the decision to file for consumer bankruptcy.

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