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HELLO I have been off work for 20 months now and have been working with a settlement company, however its becoming more difficult to paying them and keeping afloat I have over 15,000 in debt it seems like an endless battle. Is it a good recommendation to file for a bankruptcy?
Optional Information: State/Country relating to question: Indiana Already Tried: been with debt settlement company since APRIL of 2008
Hello,You may want to consider a chapter 7 bankruptcy. A Chapter 7 bankruptcy could discharge (erase) all of your unsecured debt such as credit cards, judgments and personal loans. It would be an opportunity for a fresh financial start.
Experience: Bankruptcy Lawyer. Experienced.