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Whats your opinion of bankruptcy?

Asked by Lothlorien (42points) March 6th, 2009

I have a friend who royally screwed her credit with a certain bank thats pretty much known for screwing people, she’s only 19 but is already considering filing for bankruptcy, She says its the only way she can ever repair her credit, She’s always asking me for my opinion but I don’t really know much about it, Any ideas?

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