How to know when to file for bankruptcy

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kvue.com

Posted on July 26, 2009 at 12:00 AM

Updated Wednesday, Oct 21 at 3:03 PM

This year, estimates are that nearly 1.5 million Americans will file for bankruptcy. It's one way to deal with debt, but who should file and how does it work? Money reporter Stacy Johnson explores the ins and outs in the second part of his special series on dealing with debt.

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