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Massachusetts man allegedly hacks 14,000 credit card accounts

One of the difficulties of modern technology is that information can be stolen and used. If someone is struggling with a mountain of personal debt, fraudulent activity on their account can put them over the edge with a lender. One option for those with overwhelming debt is Chapter 7 bankruptcy. This allows for people to start fresh with a clean slate. Financial stability for those who are struggling with a large amount of debt can provide a new beginning. In short, being burdened by large amounts of debt does not help any Massachusetts resident.

A 25-year-old New Bedford man pled guilty to hacking into police records and a local college and stealing credit card information from thousands of accounts. This modern Ferris Bueller allegedly changed his grades along with those of two other students at the Bristol County Community College. The man also stole more than 14,000 credit card accounts. The accused faces up to four years in prison after pleading guilty to one count of access device fraud and two counts of computer intrusion.

Financial challenges can creep up on a variety of people. From fraudulent activity to high medical bills or credit card balances, these instances can leave an individual fearful and stressed over his or her financial future. However, there are options for those struggling with their debt. Chapter 7 for individuals can help provide quick relief from debt. In fact, in Massachusetts, it can take as few as 3-6 months. A discharge of debt can help stop creditor harassment and clear a large amount of the debt that someone has been struggling with for years.

There is no question that fraudulent activity can put stress on someone. It's especially hard if they are already under pressure from creditors. Chapter 7 bankruptcy can help provide relief and put an individual back on the track to financial freedom.

Source: Daily Journal, "Massachusetts man charged with hacking into police, credit card and college records," Associated Press, June 2, 2014

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