• 1. Bankruptcy in a nutshellIt is a legal process which helps you get out of debtThe court approves and decides the payment planYou can get out of debt within a few months or 5 years

2. Best time to file bankruptcy When you couldn't arrange a repayment plan with your creditorsWhen you've accrued a huge debt amountWhen you want to get out of debt within 3-4 monthsWhen you want to avoid lawsuits and stop foreclosure 3. Why it is a good decision to file bankruptcy 4. Why filing bankruptcy is not a good decisionThe bankruptcy attorney fees can be quite high. The total process is quite complex. Bankruptcy stays on your credit report for 7-10 years. Your credit score may drop by several points. 5. Tips to use before submitting bankruptcy petition List all your creditors and properties Report your income and debts properlyDon't misrepresent the factsGo through credit counselingConsult an experienced attorney 6. DebtConsolidationCare To get detailed information on debt solutions Contact us at 800-332-8913 Send mails at [email protected] us on: