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Avoid Bankruptcy
Bankruptcy
is a legal way to avoid repaying some debts in certain situations. It
should be used only as an option of last resort when there is no
reasonable way to pay your creditors.
It
is not the intention of this Web site to advise you to file, or not to
file bankruptcy. Only an attorney can do that. We would like to
inform you that there may be a more palatable option. Credit counseling
will not eliminate your debts, but it can significantly reduce your
monthly payments and stop the collection calls.
The
Congress is working on legislation to mandate
credit counseling prior to filing
bankruptcy. This law can take effect any day now and you may be forced
into court ordered credit counseling. Consolidate your bills on your own
terms and investigate credit counseling
and debt management Today.
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