You are getting calls from debtors on a daily basis and the expenses far outweigh the income. You are examining the source of these expenses and much of this is unsecured credit card debt. The other category of debt, secured, would include your house, cars, maybe a boat. You don't really want to lose any of this, but you are unsure of the best approach to get the red ink to stop. As a last resort you call a bankruptcy attorney that you saw on a billboard as you are driving to work. This is the introduction to open an investigation into the bankruptcy process and the personal decisions and changes that go along with the choice to enter into bankruptcy proceedings. There will be at least two more parts to follow with some detail on the thought modifications involved during the life-changing experience of personal bankruptcy.
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