Deciding if bankruptcy is the right option 11 Articles

by Marco Angioni II

If you have uncontrollable debt as a result of credit cards or other secured (with the exception of your mortgage) and unsecured (with the exception of your student loans) loans, bankruptcy is a possible option. Bankruptc...read more

by Costas Chryanthou

Bankruptcy is an awful situation where a individual or a business belonging to an individual has no more money available to pay itself. Over a period of time the situation of bankruptcy will have been achieved undesirably ...read more

by Anne Marie Blackburn

Contrary to widespread public opinion, bankruptcy is not an "easy way out." Bankruptcy is like the final fall at the end of a long journey of seemingly endless worry, stress and anxiety. Sometimes, in order to preserve one...read more

by Jon Crosby

Deciding if bankruptcy is the right option is a difficult decision, one that can have far-reaching ramifications - above and beyond the damage it does to your credit rating. Much has been written about the Chapter 7 (full...read more

by Barry Tadmore

Bills are piling up, creditors are calling, you have unexpected medical bills, you're behind on your house payment...sounds like a nightmare situation. I'm sure a lot of us have had these things happen to us, but not many...read more

by Teena Kay

This account only covers personal bankruptcy in the UK. I was made redundant due to restructuring in the company and my position was suddenly not there any more. I had not been with the company long so I wasn't eligible...read more

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by Gayle Jackson

In order to make a decision about filing bankruptcy read this article. My husband and I filed chapter 7 and are currently in our 2nd Chapter 13. Bankruptcy was created by us (the government) to help people that have no...read more

by Carlita Barnes

WHEN ALL ELSES FAILS, BANKRUPTCY IS THE RIGHT CHOICE! My Husband and I were married, October 1994. He had a secure job in Mortgage Finance and I had a secure management job with a wholesale distributor. We were ecstatic...read more

by Eva Perry

Bankruptcy should only be an option when all other avenues to repay creditors have been exhausted. First of all, make sure you have investigated all other possible alternatives such as financial counseling, contacting...read more

by Jim Smoot

While bankruptcy may sound like a quick and easy fix to an overwhelming debt problem, it is not quick or easy. Those who have gone through bankruptcy will tell you that you will be paying the price for your decision for m...read more

by kcdc

Actually bankruptcy is extremely hard on you financially and it takes some time. If you do go through it and want to keep your vehicle you will need to re-affirm the loan with the lender, and that will generally be at a hi...read more