I can’t tell you how many times I’ve heard that over the years. There’s no doubt that the Bankruptcy process can be a painful experience. Bankruptcy is not, however, the end of the road. It may very well be the end of the road for the lifestyle you once new. Contrary to popular belief there is relief.
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4 responses so far ↓
Sofia Kim // May 22, 2008 at 4:06 am |
Credit card debt is on its all time high with today’s economy. Hopefully people can obtain the help they need to get out of debt.
Martin Peson // October 26, 2008 at 5:30 am |
Bankruptcy can also be a good lesson for your future, as they say you have to learn from your own misstake.
mike blake // April 11, 2009 at 8:43 pm |
I think that I may be in trouble I own a business and the loan is coming due. I have heard that banks are giving business owners a very hard time refinancing and consolidating debt. The business has great potential, but has lost money the last two years. I have laid off most of the staff and it should turn a profit this year. Should I try to refinance the note or try to get a debt consolidation loan? Any suggestions would be greatly appreciated.
stephlove // April 19, 2009 at 11:58 am |
You didn’t mention being in Bankruptcy… Have you considered calling your lender and renegotiating the terms of the loan?
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Best of luck to you my friend,
Steph