How much debt would it take for you personally make the decision to file bankruptcy?
Posted December 17, 2009 – 9:03 am in: Personal FinanceI know bankruptcy should be a last resort but some people have different personal limits. I would like to know your personal answer. What’s the least amount of debt it would take for you to make the decision to file bankruptcy? And what is your annual income if you don’t mind?
10 Comments | Tags: Bankruptcy, debt, decision, File, much, personally, Take, would
Top Ten Reasons People File for Bankruptcy
Posted October 17, 2009 – 2:10 pm in: Bankruptcy1. Eliminate the legal obligation to pay many of your debts.. This process of wiping the slate clean is called a discharge of debts. The goal of a discharge is to reduce debt to give you a fresh start. Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most [...]
4 Comments | Tags: Bankruptcy, File, People, Reasons
