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How young is too young to file bankruptcy?

Can someone be too young to file bankruptcy?


Is there a bankruptcy age limit?


These are questions some people ask, and the answer is always the same. Not generally. As long as you can incur debt under your own name, then you can file bankruptcy. As a matter of fact, a recent article reports that people under 25 make up the fastest-growing age group filing for bankruptcy. The reasons include credit card debt, high unemployment, and student loans.


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