Filing for a Chapter 7 bankruptcy

Paying off debts Vs Bankruptcy

Most debtors see paying off debts as a moral duty compared to filing for bankruptcy. When you contact a financial expert, they do cover the aspects of spending within your income range along with simultaneously building a safety fund. Most citizens find themselves in circumstances where they keep paying off their debts and ignore putting aside a part of their money for retirement. This negligence ends up costing more, not only for the individual but also for society at large owing to the minimal or zero investment from the debtor towards the economy. Solution – Chapter 7 bankruptcy [...]