Today is Day 9 of Day 30 Credit Tips on Alternative to Filing Bankruptcy. I have had a lot of individuals ask me whether they should file for bankruptcy so I want to provide some alternatives to filing for bankruptcy. Obtain a second job in order to pay down your credit card debt. Work directly... Continue Reading →
Under pressure from retailers and other companies claiming losses from increased bankruptcy filings, congress took steps a few years ago to make it more difficult for individuals to file for bankruptcy. Initially, bankruptcy laws were designed to help people, whose financial debt got out of control and were meant to be a method of giving them a new start.