It is not hard to imagine why so many people consider bankruptcy as their first option when they find themselves in deep financial trouble. Harassing phone calls, and threatening letters can cause a great deal of stress. Add in threats of repossessions and wage garnishments, and some may think there is no way out except for filing for bankruptcy. It is indeed the worst phase of life when you fall prey to bankruptcy and you have only yourself to blame for when your credit history has been tarnished and it…
Read MoreThe Real Reasons to Avoid Bankruptcy
