Sentences with phrase «bankruptcy as a last resort»

Otherwise you may have to face bankruptcy as the last resort to getting out of debt.

If your debts are overwhelming and your job prospects dim, you may need to consider personal bankruptcy as a last resort.

There are also debt settlement options, and even bankruptcy as a last resort.

Only consider declaring bankruptcy as a last resort.

Considering Bankruptcy As a last resort, consult a bankruptcy lawyer.

Not exact matches

One possible source of the equity premium (meaning shares are more expensive to issue than bonds) is a central bank as lender of last resort - even in the absence of taxes, bankruptcy, etc..

He maintained town halls only take measures such as bankruptcy as an absolute last resort and with people who have a history of non-payment.

«Just as lenders are being asked to reduce repossessions, public bodies should do everything they can to ensure that bankruptcy is only ever a last resort.»

That means that we will probably talk about personal bankruptcy, but only as a last resort.

As a last resort, you may use bankruptcy to eliminate your responsibility for medical debt.

If you are simply in over your head consider bankruptcy, but only as a last resort.

I give you these statistics not to promote bankruptcy filing as a positive (I strongly believe that it should be considered as a last resort) but to demolish the myth that only deadbeats and speculators file bankruptcy.

We believe that bankruptcy should be considered as a last resort.

If possible, it's best to avoid declaring bankruptcy — it should only be used as a last resort.

It should be considered as a last resort option for individuals who have fallen behind on their financial obligations but want to avoid filing for bankruptcy.

All in all, bankruptcy is something to pursue as a last resort as it can leave a stain on your credit for many years.

As mentioned earlier, bankruptcy filing is often a last resort.

Bankruptcy is best used only as a last resort.

As a last resort, many consumers will declare bankruptcy which appears on your credit report negatively impacting you financially for up to a decade.

While filing for relief should be a last resort, politicians such as Rep. Katko and Delaney believe that carrying the burden of student loan debt even after declaring bankruptcy is unfair.

Student loan borrowers should consider other forms of repayment assistance, and only consider bankruptcy as a «hail mary» last resort.

Bankruptcy may be right for some, but it is typically viewed as a last resort, especially since it usually has a lasting negative effect on your credit score.

Sometimes, the bankruptcy card is only to be played as a last resort, however, in some cases it offers the most thorough relief on the best timeline.

If you find that debt settlement doesn't work for you, there are other options like consumer credit counseling, debt consolidation, or as a last resort, bankruptcy.

As a last resort, declaring bankruptcy is an option.

Most debt collectors take this step only as a last resort because it's costly and a lawsuit may push a debtor into bankruptcy where the debt could be dismissed entirely, leaving the debt collector with nothing.

Bankruptcy is one option to relieve yourself from credit card debt but should only be used as a last resort.

Bankruptcy is a last resort for many and should be considered carefully as it will have long - lasting effects on your credit rating.

However, bankruptcy is typically viewed as a last resort since it may have a negative long - term effect on your credit score and credit history.

Bankruptcy is often seen as an option of last resort, particularly because of its long - term negative impact on your creditworthiness, but in some cases, it may be the right choice.

In general, bankruptcy should be held as a last resort for dealing with credit and debt problems, and only after exhausting all other possibilities.

Bankruptcy should nearly always be considered as a last resort.

Bankruptcy should be thought of as a last resort and not a «reset» button.

Consider bankruptcy as an absolutely last resort as it will likely close your business or greatly hinder its operation.

But for instance, VXGN and landlord are in negotiations, VXGN could as a last resort threaten a bankruptcy, under which it could break the lease anyway... with no debt, shareholders would hold the same place in line.

As a last resort, a Chapter 11 bankruptcy is a route you can take to salvage a company, especially if the business's debt challenges are temporary and the company is otherwise viable.

As a last resort, you can declare a Chapter 7 business bankruptcy, turning over the business to the bankruptcy trustee who will sell its assets, go after any outstanding accounts receivable, pay owed taxes, and distribute any remaining funds to creditors.

If you are struggling with debt, there are other solutions, such as stricter budgets, debt negotiation, and as a last resort, bankruptcy.

I just paid in full my lending club loan as of today and it was a last resort for us and ended up saving us the past few months from bankruptcy or credit counseling.

Bankruptcy is a rather severe form of insolvency that should be treated as a last resort.

Bankruptcy should be viewed as the very last resort.

Filing bankruptcy should always be a last - resort option for a young person, even if your debts are fully dischargeable by bankruptcy as it will damage a young person's credit for a period of time.

Bankruptcy should only be considered as a last resort strategy for debt reduction as it has the longest lasting negative impact on credit worthiness.

Personally I am highly opposed to bankruptcy, and honestly believe it should be used as a last resort.

Bankruptcy often is a last resort for people who haven't been able to resolve their debts through other means, such as refinancing loans or negotiating payment arrangements with creditors.

The primary myth: small business owners filing for bankruptcy is a sign of a moral failing and should be undertaken only as a last resort after all other avenues have been exhausted.

We also realize that bankruptcy is a last resort and offer debt settlement and renegotiation services as well.

For those struggling with overbearing debt, bankruptcy can be an intimidating option that is saved as a last resort; however, since 1998, student loan borrowers were not eligible for discharged student loans through bankruptcy until 2005, when Congress added an «undue hardship» condition, according to the Wall Street Journal.