Sunday 17 March 2013

When Should Bankruptcy Be Considered? Does it Make Financial Sense to Walk Away From Your Loans?


Home loans, car loans and other financial instruments are financial obligations that are entered upon freely and willingly by the participants and it is your duty to attempt to meet your terms of the bargain. This is a sound financial principle, and it shows both character and responsibility, but are there times when bankruptcy should be considered and it makes financial sense to walk away from your loans?...

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