How to Start A new: 7 Steps for Claiming Bankruptcy

Claiming bankruptcy can be both a blessing and a curse. This forces people to start over financially, meaning that they would have to start saving again, acquiring assets and working to be financially secure. At the same time however, it gives them the chance to unburden themselves of all the financial liabilities that followed them throughout their life. 1. Know the Extent of Bankruptcy Filing for bankruptcy has some heavy consequences that individuals should be aware of. Once a person goes through with the process, their non-exempt assets will be liquidated to pay off outstanding Read More …