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Debt Consolidation Forums Bankruptcy Chapter 7 and Chapter 13 forums

Please suggest whether or not I can file bankruptcy

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I have quite a bit of debt which I can repay but want to opt for bankruptcy for a fresh start. Can I do it?

Why do you want to opt for bankruptcy? How much debt you have? Filing bankruptcy is considered as the LAST resort to get rid of debt trap. So, don't go for filing bankruptcy without doing proper research. I would say it's better that you approach a genuine debt relief company. They can guide you in a better way.

Sub: #1 posted on Wed, 11/27/2019 - 23:06

Craigh.terry Craigh.terry

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What types of debts do you have? Secured or unsecured? How much do you owe? Is your household income less than the state median mode? Give us these details please.

Sub: #2 posted on Thu, 11/28/2019 - 20:19

Nick Jonas Nick Jonas

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Bankruptcy should be the last resort. How much debts do you have? Did you consider settlement?

Sub: #3 posted on Mon, 12/02/2019 - 05:38

Sanders Patricia Sanders Patricia

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Yes, it's true that bankruptcy can give you a fresh start to your financial life if it's in a mess. But, my friend, you'll have to qualify for Chapter 7 or Chapter 13 first. And, it's not the best option either. if your debts are manageable, consider consolidation or settlement and solve your debt problems.

Sub: #4 posted on Mon, 12/02/2019 - 23:45

Good Nelly Good Nelly
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