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A person can legally eliminate credit card debt through a number of different means, each having its own set of pros and cons. For the cardholder that is drowning in debt and unable to remain current with all monthly obligations, it can feel like the homeowner who must move to the attic to escape the rising water. But the water keeps rising and then where does one go except to default which is never a good idea or eliminate charge accounts through a well planned strategy? If the reader is in this position now, know that seventy percent of all Americans live paycheck to paycheck and are devoid of any appreciable amount of savings.
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