Bankruptcy: Good Idea or Not?

1
BANKRUPTCY GOOD IDEA OR NOT?
2
Anybody who is interested in filing bankruptcy
needs to consider the pros and cons, ensuring
that they make the right decision
3
Compare Pros and Cons
4
Be sure to compare the many pros and cons of
bankruptcy, as this will allow you to make an
informed and confident decision
5
Note
6
Chapter 7 and Chapter 13 are most common for
individuals, and each type has its own set of
pros and cons
7
Alternatives to Bankruptcy
8
Are you aware of the alternatives to bankruptcy?
Before filing, consider other options such as
credit counseling
9
Your Eligibility
10
You may not be eligible for every type of
bankruptcy, so you must look into this as soon as
possible
11
If you dont qualify for Chapter 7, for
example, you may still be able to file Chapter
13
12
The Cost
13
To go along with the pros and cons, you dont
want to overlook the cost of filing
14
In addition to filing fees, you will probably
hire an attorney to show you the way
15
Impact on your Personal Life
16
If you are worried about what others will think
of you, bankruptcy may not be the answer
17
This could change the way others treat you, while
also holding you back from reaching career goals
18
Hire a Bankruptcy Attorney
19
With the help of a bankruptcy attorney it is much
easier to determine if this is a good idea or if
you should hold off for the time being
20
Learn More About Bankruptcy in Ohio
21
Click to visit thecolumbusbankruptcylawyer.com
Content provided by Best Legal Practices