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Why Bankruptcy & Foreclosure Affects Your Credit Less Than..

Posted on: 14th May, 2008 03:28 am
An excellent video which explains why bankruptcy can be at times a good option to get out of debt. It shares some of the misconceptions that people have about bankruptcy and explains why it's not as bad an option as one may think.

The video also explains that it's not always a bad decision to lend money to people who have filed bankruptcy. I think it's a must watch for borrowers who are in mortgage problems and need a way out of debt.
Hi Jessica,

This is really a very good video. We shall have to find a way to get out of this credit crunch.
Posted on: 14th May, 2008 06:18 am
Anything that contributes to consumer education during this current economic downturn is valuable and this easily understood video definitely accomplishes this!
Posted on: 14th May, 2008 06:20 pm
i agree with niicss it is really a good video and have good information ...
Posted on: 01st Jan, 2010 05:07 am
That's way more clveer than I was expecting. Thanks!
Posted on: 15th Sep, 2011 08:20 pm
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