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Nearly 1 million accounts stolen from Massachusetts' Targets

Credit card debt can rack up quickly over the holidays during the shopping season. Some Massachusetts residents may find themselves sucked into credit card debt before they know it. Being in high levels of debt is difficult for any person and it can take a toll on your health. It may also impact your relationships with others. For people dealing with big credit card bills and debt, the fact of having the card stolen and more purchases added to it may only increase the stress of making payments.

Target stores in Massachusetts estimate that nearly 1 million credit and debit card numbers were stolen from its customers over the holiday season. Forty million people had their account information breached across the United States. Target said it would offer free credit card monitoring to those whose accounts were stolen. The theft happened between November 27 and December 15.

It's important for individuals to monitor their financial accounts to avoid situations like these, but sometimes people with debt and high bills simply need a fresh start. Bankruptcy can help people manage expenses and help you with financial challenges. Depending on the situation, Chapter 7 Bankruptcy is an option. This provides a path to clear up some debts and put and end to credit card harassment.

Being unemployed or not having the financial resources to pay off debt can make the holidays a difficult period. Additional debt, whether through one's own doing or a breach of card information can add new levels of stress. Some relief from that burden is available through bankruptcy. It's important to be familiar with Massachusetts' rules and how to go about financial reorganization.

Source: The Boston Globe, "Target says nearly 1m cards breached at Mass. stores," Deirdre Fernandes, Dec. 21, 2013

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