• Don’t look at bankruptcy as a first step. Look at all the other options you may have first. You have other options available like consumer credit counselling services. Your credit score will be forever effected by bankruptcy, which is why you should do everything else in your power to resolve matters first.

    Make sure you are completely honest…[Read more]

  • Don’t pay tax requirements with your credit cards with the thought of starting the bankruptcy process afterward, without doing your research first. Most states do not look at this debt as chargeable, and you could end up owing money to the IRS. Generally speaking if you can discharge the tax, you can discharge the debt. So, in short, do not use…[Read more]

  • Before filing for personal bankruptcy, make sure you are doing the right thing. Consider any other options that are available to you, such as consumer credit counseling. Since your credit history will forever note the bankruptcy, you want to make sure that you have tried everything else before you take an action such as this, in order to minimize…[Read more]

  • Don’t look at bankruptcy as a first step. Look at all the other options you may have first. You have other options available like consumer credit counselling services. Your credit score will be forever effected by bankruptcy, which is why you should do everything else in your power to resolve matters first.

    Make sure you are completely honest…[Read more]

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