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Debt Settlement Consumer Protection Act - Protect Yourself From Debt

Debt settlement consumer protection act came into existence after the Federal economy was hit by recession and the country saw an uncontrolled increase in the number of bankruptcy filing. As more and more people filed for bankruptcy, the economy became further unstable. This is because of the fact that the creditors began to lose their liquidity and they failed to manage their costs. As this happened, they lost their financial equilibrium and approached the verge of bankruptcy and operational shutdown.

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