If you are in financial trouble and struggling to make payments, tapped out, you’ve spent down savings, or living month-to-month, then bankruptcy is worth a good hard look.
Below you will find a number of links to posts, articles, and calculators to help educate you about the realities of bankruptcy. Many people carry a lot of baggage around about what it really means to go bankrupt. They think it some how means they’ve failed. Oh how wrong they are.
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An alternative way to look at the situation is that if you decide to file bankruptcy you’ve succeeded in taking responsibility for your situation and taking action so you can move forward in a safer financial condition. You’ll be able to begin to save and build your emergency fund and saving for retirement again. Those are important considerations.
The first and most important step to take to find out of bankruptcy is right for you is to clear your mind of any preconceived notations about bankruptcy.
Most people don’t understand if you file bankruptcy you can easily rebuild your credit, get credit again, will be able to buy a house, can keep your car, etc.
Bankruptcy will stop collection calls, most people have their debt eliminated in three months or less, and you are entitled to a legal fresh start and second chance. It is the only debt relief solution that is backed by the power of law and that puts you in the drivers seat instead of just reacting to creditors.
I can’t stress enough how important it is for you to talk to a bankruptcy attorney to learn what bankruptcy would mean for you if you decided to file bankruptcy. You can click here to find a local bankruptcy attorney, not with the intention of filing but to educate yourself about the truth and realities of bankruptcy.
You can click here to find a local bankruptcy attorney and get a free bankruptcy consultations.