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Working as a Freelancer? Bankruptcy Issues to Consider

Working as a freelancer has a lot of perks. For an increasing number of Americans, perks like making your own hours, working from the comfort of your own home, and not having to comply with company rules and procedures make freelancing an attractive career choice. But the freelance life is not all Skype meetings and romantic notions of working from a busy coffee shop. It can be fraught with issues like economic uncertainty and a lack of the financial safety net of unemployment insurance, which can lead to a dependence on credit cards.

In many cases, a dependence on credit cards is the first step toward filing for bankruptcy. If you need to file for bankruptcy, do not feel ashamed to do so – it can be a life-saving tool. It is much easier to avoid having to file for bankruptcy by avoiding insurmountable debt.

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