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March 20, 2008

Don't Go Bankrupt!

One of the things that you really want to avoid in this life, even after the recent changes in the law, is going bankrupt. It takes years to get life back on track after such a shattering experience.

It's something that I've come close to it a couple of times (it's a near inevitable consequence of trying to run a small business in odd corners of the world) but fortunately it's never quite come to the crunch.

So how do you avoid it? How to you dodge he bullet? Well, the most important thing (assuming that you're already at risk) is to adopt a Debt Management Plan. Click through there to see what it all means. The first stages are to acknowledge the problem, to be open with creditors, to reduce the interest you're paying on any debts (compound interest at high rates on a thing like a credit card can be ruinous) and, essentially, to have a plan to deal with matters rather than simply hoping the problems will go away.

March 20, 2008 in Paid Blogging | Permalink


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This would probably the last thing that you want to happen in your life. Well, who would want to be in situation wherein you have lots of debts but you don’t have anything to pay for it and you don’t know how to get and where to get money? Because there are some people who face bankruptcy they look for the reason to blame why are they in the situation like that. They often blame those payday loan companies they have applied for loan for putting them in debts. But are payday loan companies are really the one to blame? If we want to apply for a loan and yet we don’t want to face bankruptcy http://personalmoneystore.com/moneyblog/ could provide you some tips about having loans. It also tackles about No Fax Payday Loans.

Posted by: No Fax Payday Loans | Sep 6, 2008 9:32:05 AM