Bankruptcy is a huge financial decision and should be considered carefully before undertaking.Learn as much as you can prior to doing anything.
If filing bankruptcy is in your future, don’t waste any savings you may have attempting to pay off your debts. Don’t touch retirement accounts unless you don’t have a choice. You may need to use some of your savings; however, you should not use all of your savings. Remember that you must safeguard your future financial security.
Avoid touching retirement accounts whenever possible. If you do have to dig into your savings, make sure that you save some to ensure that you are financially secure in the future.
If a personal recommendation comes your way, get a … Read the rest