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I am drowning in debt, should I file for bankruptcy?

Should I file for bankruptcy?

Dear Dr Pesa,

I am a 31-year-old man and deep in debt. Auctioneers, banks and even the landlord are all after me. My business is failing and I have no way to pay them back. I tried shylocks but that just left me drowning in debt. Should I file for bankruptcy? Will it haunt me for the rest of my life?

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