Bankruptcy
Bankruptcy should be considered only as a last resort. The effects of filing for
Bankruptcy protection are long-lasting – up to 10 years in certain states. Recently
the rules for filing Bankruptcy changed, and it is now harder than ever to wipe
the slate clean.
There are two types of Bankruptcy protection: Chapter 7 and Chapter 13. Each one
has its own pros and cons, and the right filing for you depends on a number of different
factors. In the end it’s best to consult a Bankruptcy lawyer to discuss your
specific scenario, but this should only be done as a final resort after all other
options have been exhausted.
Complete the form to the right and find out if you can eliminate up to 50% of your
credit card debt without filing bankruptcy!