22 Nov, 2024
1 min read

Tips And Advice For Dealing With Personal Bankruptcy

The economy today is in very bad shape right now. The result of a tough economy is that many people are losing jobs and going into uncontrollable debt. Debts result in bankruptcy, something that is very bad.

Don’t use a credit cards to pay off your taxes before filing for bankruptcy. In a lot of places, this debt will not be dischargeable, and in the end you will be left owing the IRS a big sum of money. This means using a credit card is not necessary, since bankruptcy will discharge it.

Always be honest with the information you give …