Think before you file bankruptcy
December 27th, 2008 by admin
Before you file for bankruptcy you should really think about the effect it will have for you in the long run. Sure it sounds simple enough, I cant make payments so you file and those payments just go away. Well depending on what chapter you file they do, but you will have bankruptcy records that will follow behind you for a long time. It will not be as easy if at all possible for a long time to obtain new credit, and that includes a mortgage and car notes. If these are the things you plan on doing in the next few years, you might want to think long and hard about filing!