Archive for May 22nd, 2011

Q&A: What alternatives are available for me to avoid bankruptcy?

Q: Several people have suggested that I file for bankruptcy. I want to avoid it. What are the alternatives to filing for bankruptcy? A: There are several viable alternatives to filing for bankruptcy. Whether or not these alternatives are right for you depends on several factors including the amount of your debts, your current household [...]

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Q&A: What is bankruptcy?

Q: What is bankruptcy? A: Bankruptcy is a legal process to deal with debts when you can no longer pay them.  By filing for bankruptcy, you’re able to get most bills discharged/wiped out.  This also may allow you to keep most or all of your property and receive extensions on bill payments if you have the [...]

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