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Government Debt Bailout - Is This a Realistic Debt Elimination Solution?

Debt is usually perceived as a very bad thing in our lives, not only because you are obliged to pay a part of it each month, but also because it is very stressful to live with debt in the first place. Constantly thinking about debt and your creditor can be really nerve wrecking and thing gets even worse if you are dealing with collection agencies that call you each day. Most people confronted with this situation usually give up and file for bankruptcy, at least to get rid of those annoying collection calls. The most important thing in this situation is to make sure that you really need to file for bankruptcy because a large part of those who do, don't need it and can solve their problems without bankruptcy.

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