Bankruptcy’s Great!

Bad financial planning combined with an unexpected emergency — this is just the right recipe for a person to swirl down the debt abyss. Here’s a story that may sound distinctly familiar… it just may be your story! I know once you are down and out in debt, people love to tell you about what you did wrong. Yes, bankruptcy is painful and pretty depressing. But it is a reality, one that is not going away.

But do be honest with yourself — isn’t it better to file for bankruptcy than lie to your creditors? So, if you are in debt, have tried your best to work your way out of it, and still cannot seem to find the end of the tunnel, don’t hesitate to give up. I mean you don’t have to flog yourself when the government has made this provision for you.


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