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article: should you file for bankruptcy? after trying other debt management strategies, it may be time to consider bankruptcy. bankruptcy is a legal process that gives individuals or businesses who are overwhelmed with the opportunity for a fresh start. read the article to learn how bankruptcy works and how it m affect you. then, answer the questions. 1. under what circumstances should you consider filing for bankruptcy?
From the article, it states that after trying other debt management strategies and when individuals or businesses are overwhelmed with debt, they may consider filing for bankruptcy as it offers a fresh start.
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You should consider filing for bankruptcy after trying other debt management strategies and when you (as an individual or a business) are overwhelmed with debt.