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Considering Bankruptcy?

Personal bankruptcy should be considered as a last resort to a debt management option because the outcomes are long-lasting and extensive. Since the new law went into affect, most people will qualify for a Chapter 13 bankruptcy which in most cases is a five year repayment plan to the creditors. A bankruptcy stays on your credit report for 10 years, affecting ones ability to obtain credit, buy a home, get life insurance, or even obtain a job.

Filing for bankruptcy has many negative side affects that can last for over 7 years.

Don't file until you talk to one of our skilled Debt Counselors.

 

 

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