IF LOTS OF PEOPLE USE INSOLVENCY PROCEDURES
WHY SHOULDN’T I?
Bankruptcy is not something that should
be entered into just for the sake of it. Very
often there are intelligent alternatives to
bankruptcy that may produce a far better result
than going into bankruptcy. bankruptcy also
goes on your credit records, and may make
it difficult to obtain new credit for years.
Before anyone files for bankruptcy, he or
she should consult with a bankruptcy lawyer.
There are critically important issues as to
timing and disclosure that you had better
address before, not after, you petition for
bankruptcy. |
