And if you're just
considering bankruptcy for the first time to get rid of those annoying collector calls, take the next step today in rebuilding your financial future.
Consider bankruptcy in the most troubling circumstances, like if you have zero income, your house is in foreclosure, or you're already in legal trouble for past due bills.
Use this to your advantage by telling them that you're
considering bankruptcy if you can't get better rates, and there's a good chance they'll work with you.
Over 70 % of respondents
who considered bankruptcy an option said that it would take them between 1 and 10 years to get out of debt.
If you are
considering a bankruptcy claim, are starting a new business, or are simply faced with legal questions and seek answers, the time for counsel is now.
We encourage you to think (and pray)
about considering bankruptcy as an alternative to give you some breathing room until the economy turns around and there are more job opportunities available.
As silly as this may sound, even though the credit card debt is only $ 9,000 it might make logical sense to
consider bankruptcy for that for two reasons.
As a general rule, it is best to
consider bankruptcy as the least desirable option available to you when your finances have gotten out of control.
«Though it's difficult if not impossible to discharge student loans through bankruptcy, it would be wise to steer clear
of considering bankruptcy in the first place.
Filing bankruptcy doesn't have to mean losing all of your property People
considering bankruptcy often have the misperception that they will lose all of their property if they decide to file.
If you constantly borrow money for items that decrease in value, your debt may increase to the point where personal bankruptcy becomes your only option,
so consider your bankruptcy alternatives wisely, and only borrow if it's good debt.
As such, I say to not at
least consider bankruptcy as a possible solution to help save a business in financial distress; in order to save the income it creates for its owners, employees and communities would be the true moral failing.
March 8 The Supreme Court on Monday unanimously upheld part of the U.S. bankruptcy law that bars attorneys from advising clients to take on more debt
while considering a bankruptcy filing.
I lost my father that way, and my mother paid on his medical bills for years and years * after * his death, never
once considering bankruptcy, like a good single mom worker bee.
If you're
considering bankruptcy due to impending wage garnishment, or if you've just started having your wages garnished, it might make sense to delay the filing until you hit the $ 600 threshold.