More Consumers Considering Bankruptcy; Things you need to know

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With so many consumers finding themselves out of work, deep in debt and struggling to keep up with escalating credit card payments as creditors raise interest rates on already borrowed debt, many people are determining whether or not bankruptcy is an available and necessary option to consider. My friend at Alabama Consumer Law Blog, Attorney John Watt's recently highlighted a blog that contains a wealth of information on bankruptcy.

Here's an array of insightful information they pointed out from the Birmingham Bankruptcy Blog;

Chapter Seven Bankruptcies - 10 Things You Need To Know

Bankruptcy Basics - 10 Things You Need To Know

Bankruptcy Right For You? - 7 Things To Consider

The Alabama Consumer Law Blog itself is an informative site full of useful information on a variety of issues and with explanations on available legal remedies consumers should know about.

With the economy in the spiraling state it is, a few timely blogs include, what to do if you have a Bankruptcy Discharge but are still being harassed over discharged debts , info on what happens when you are sued by a debt collector, when you should  file a lawsuit against a debt collector for illegal and abusive practices, and what your consumer protection rights are under the Fair Debt Collection Practices Act (FDCPA), just to name a few.

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