It is easy for debt to snowball if you suffer a major financial setback, such as losing a job or being diagnosed with a major illness. Most people in these situations consider filing for bankruptcy in order to get rid of the debt and get a fresh start. However, bankruptcy is not appropriate in every… [Continue Reading]
To File or Not to File Bankruptcy
If your debt is overwhelming and you cannot imagine paying it off without putting at risk your ability to pay for your living expenses (even pared down), then you have probably considered bankruptcy. But for many people, including business owners, bankruptcy may not be the only option or the best option. Bankruptcy may be the best… [Continue Reading]
