Job loss, foreclosure, divorce, injury, or illness… just about everyone goes through one of these hurdles at some point in life. If you’ve gone through a similar problem, or you’re dealing with it right now, you probably know from personal experience how fast debt can pile up, leaving you and your family in a precarious position.
Bankruptcy could provide you with relief from overwhelming debt. It can give you a chance for a fresh start, while still compensating your creditors for their investment. On the other hand, going through bankruptcy will affect your life for several years after you file, and the process isn’t an easy one.
If you are considering filing for bankruptcy, you should learn everything you can about the process before you submit your