Another summer is almost over. With back to school season upon us, it is a good opportunity to have a discussion about something that keeps jumping out of your wallet – money. Expenses to have your child participate in school-based sports programs are on the rise. Some analysts attribute the cost to be as much as a 5 percent bite out of your annual family income.

Participating in school-based sports is an important and exciting time in a child’s life and should be enjoyed to the utmost by both participant and parent. However, a crucial part of planning for your child’s athletic journey is to consider the enormous expenditures involved, as it concerns your finances.

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Bankruptcy was put into place for people that were not able to meet their financial obligations. It protects them from the creditors contacting them to pay the bills they are unable to.

When trying to determine whether bankruptcy is right for you, there are 5 things you need to know about filing for bankruptcy.

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