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Valued Contributor
Posts: 2,442
Registered: ‎11-29-2012
Re: Not sure where to put this. Bankruptcy and divorce
What does your outstanding debt total? If you can wait out the collections until you're in a position to repay then you might be better off in the long run. You'd be able to negotiate pfd's and/or goodwill paid collections. Bankruptcy will probably be harder on you in the long run. I personally did not pull the trigger on the chapter 7 filing until I had someone try to sue me so they could garnish me.

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