2007-01-24 07:21:32 · 4 answers · asked by byou2fulone 2 in Business & Finance ➔ Credit
DON'T DO IT: Don't file bankruptcy if it can be avoided. Your debts have to be 3-5 times your annual pay to go this way. It is possible to work it out other wise.
You need to know what debts you have and what the total debts are. If you are working or have a house you are ahead of the curve and can get over the hurdle easier than bankruptcy.
You can E-mail my icon and leave a E-mail address and I can show you how to start moving in a forward direction.
2007-01-24 07:31:59 · answer #1 · answered by whatevit 5 · 0⤊ 0⤋
Now days, it is near impossible to file on your own without an attorney because the bankruptcy laws changed last year.
2007-01-24 15:29:35 · answer #2 · answered by osunumberonefan 5 · 0⤊ 0⤋
I would call my creditors and see if you can come to a compromise, once you fie bankruptcy it will stay on your credit report for 7 years
2007-01-24 15:39:13 · answer #3 · answered by MRGQ 2 · 0⤊ 0⤋
I was told, if it is not done right, the judge can throw it out and you have to refile. That's with anything you try to file yourself, like a divorce.
2007-01-24 15:30:16 · answer #4 · answered by Gramms 4 · 0⤊ 0⤋