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Although it is a legal course of action for those who find themselves in need of such remedy, it tends to haunt people afterwards. Much probably has to do with your particular State's laws regarding eligibility for loans, and what safeguards they provide for someone who has taken that course of action.
You might have ducked legal responsibility for your debts, but it doesn't mean people are going to look at you as a good risk in giving you a loan. But, you'll never really know until you try and see how lenders respond.
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