Bankruptcy is Often a Gambler’s Only Sure Bet

By Scott F. Waterman, Waterman & Mayer (Philadelphia, PA)

Gamblers almost always think the next game will be a winner for them. That’s what keeps them coming back for more, even when they’re sinking in debt. With the construction of many casinos throughout the Philadelphia area, the ease of online gambling, and the latest leniency in sports betting regulations, it’s ever so easy to gamble away hard-earned income and get into a bad debt situation.

But gamblers may actually have some luck on their side if they take advantage of current bankruptcy laws. Chapter 7 . . .

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