The following are 15 common reasons people file bankruptcy:
1) Divorce or separation
2) Death in the family
3) Disability
4) Unemployment
5) Underemployment
6) Excess debt due to excess use of credit or poor management of credit
7) Debt collection lawsuits
8) Medical issues
9) Unexpected expenses
10) Failed business
11) Repossessions
12) Wage garnishments
13) Foreclosures
14) Bank account seizures
15) Identity theft
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