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What Are the Most Common Causes of Bankruptcy?

While bankruptcy filings have declined nationwide since 2015, Virginia’s bankruptcy rate from April 1, 2015 to March 31, 2016 of 269 per 100,000 residents exceeds that of the national average, 224 filings per 100,000 people. While many people mistakenly consider bankruptcy a last resort, the truth is that it offers a safe and legal way… Read More »