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Monthly Archives: June 2025

Bank11

Why Do People File Bankruptcy?

By Bentz Holguin Law Firm, LLC | Posted on June 2, 2025

Quite simply, people file bankruptcy because they owe more money than they can pay, and they need a fresh start. This fresh start is available to honest yet unfortunate debtors. Honest debtors complete paperwork accurately, are forthcoming about all their debts and assets, fully cooperate with trustees (people who supervise bankruptcies for judges), and… Read More »

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