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Mauricio Finds Himself Fiscally Overextended and Seeks Counseling from a Bankruptcy

Question 56

Multiple Choice

Mauricio finds himself fiscally overextended and seeks counseling from a bankruptcy expert.The expert urges him to try to change his debt management behaviors to avoid bankruptcy.Which of the following is likely NOT one of the things he is instructed to do?


A) Develop and stick to a balanced budget.
B) Work to reduce the total number of debts.
C) Pay off debts with low interest rates first.
D) Avoid debt consolidation loans.

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