Preventive Measures To Avoid Bankruptcy
May 17, 2016
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Bankruptcy is among the top life-altering negative events that a person can encounter. The mere thought of being bankrupt sends shivers down our spine. Its reputation makes our bank account shake in fear. Bankruptcy can cause a devastating effect on an individual’s credit score. Also, it can affect a person’s future purchases and opportunities. Knowing how to avoid bankruptcy will contribute a lot in making best decisions for your financial situation. Given the severe consequences of bankruptcy, it should be prevented by all means. Some preventive measures to avoid bankruptcy. Convert assets to cash Put your assets up for sale and use the