Bankruptcy may be an option for you to consider if you are unable to make payments toward your debt. Bankruptcy could eliminate some or all of your debts but will have a serious negative impact on your credit score. This will make it difficult to obtain any credit for 7-10 years after you file for bankruptcy.
• In the US, you should discuss your options with a bankruptcy attorney – you can search for local bankruptcy
attorneys here.
• In Canada you can discuss your options with a bankruptcy trustee. You can use this site to find one near you.
Tags: Bankruptcy, Get Out of Debt