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NEA main chat n a cmncIrelolveanIn SDN Iran hearths Dy S e r v i c e IFISI Tackling problem debt together June 2016Debtors Guide to BankruptcyBankruptcy is one way of dealing with debts you cannot
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Bankruptcy is a legal process where individuals or businesses unable to repay their debts seek relief from some or all of their debts.
Individuals or businesses that are facing financial difficulties and are unable to repay their debts may be required to file for bankruptcy.
To file for bankruptcy, individuals or businesses must gather their financial information, complete the necessary forms, and submit them to the bankruptcy court.
The purpose of bankruptcy is to provide individuals or businesses with a fresh start by eliminating or restructuring their debts.
Individuals or businesses filing for bankruptcy must report details of their assets, income, expenses, and debts.
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