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For those suffering financial hardship, filing for personal bankruptcy — Chapter 7 or Chapter 13 — may seem the only option. But filing can affect a person’s credit standing for many years after. So before doing anything, check out the following websites.

American Bar Association: Discusses bankruptcy pros, cons alternatives.

Bankruptcy Law: The 10 things a person should know.

Internal Revenue Service:
Guidelines for filing for Chapter 7 and Chapter 13.