Bankruptcy

[lopez]

Hai,

I am Lopez.

Top 10 Misconceptions About Bankruptcy

MAY 2005 - Bankruptcy law is complex and takes time to master. A basic understanding of the Bankruptcy Code and its principles is essential for effective management of the financial affairs of individuals and businesses. There are many misconceptions about bankruptcy.

1. The debtor must be flat broke to file for bankruptcy. Wrong. With limited exceptions, the only requirement to file for bankruptcy is that the debtor cannot pay bills as they come due. A

[andrew39]

Hello,

Good link and suggestion given by you.

Thanks

andrew

[Nicholas_B]

there are some good tips here however some people do need to look into other options before they consider bankruptcy - there are always options such as consolidating debt or even IVA which allows an individual to be more organised.

[moore.davidv11]

Last night my friend who drove his bike smoothly but suddenly he collided by a drunken person