Bankruptcy Costs and Consequences in Urbana
Urbana AP reports University of Illinois Extension specialist Joan Bennett warns bankruptcy is costly and long lasting. It damages credit up to 14 years, loses assets, and does not relieve federal taxes alimony or fraudulent debt. Legal fees, job impact, and public office disqualification are possible. Seek nonprofit credit counseling via BBB Chamber of Commerce or creditors. legal aid and welfare groups help.
MENTIONED IN THIS ARTICLE
Better Business Bureau
Chamber of Commerce
Bennett
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