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Bankruptcy process — How does it work?

Bankruptcy process — How does it work? The above article is for information purpose only.

If you are drowning in debt, then bankruptcy seems like an option for debt solution. However, it is a legal process which can be advisable by an authorized trustee. Learn more about this process and how does it work. Remember many trustees in bankruptcy will provide you all necessary information for free.

Disclaimer

The above article is for information purpose only. It has no relations what so ever with the services offered by Prudent Financial Services Inc.

Prudent reports all your Prudent loan payments to credit bureaus. But Prudent cannot “fix”  or “repair” your credit.  The credit bureau reports on the totality of your credit activities. The bureau updates regularly on your payments on credit cards, utilities, taxes  as well as to banks, finance companies, credit unions etc. Prudent does try to educate  its credit-challenged customers on wiser management of their financial affairs using information from responsible financial sources such as Bankruptcy Canada and BDO.

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