Posted by: admin in chapter 13 bankruptcy rules on December 14th, 2009
waterbear1 asked:
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It is much more difficult to reach bankruptcy because of a change in bankruptcy laws. Debt negotiations may be a good first option. Just make sure you have a lawyer who has experience with debt negotiations. Make sure you are very clear about legal fees. And get everything in writing – this is absolutely important.
Do you own negotiations, you don’t need a lawyer. Don’t BK – it’s not a good strategy.
waterbear1, Be careful! Make sure you seek advice from a professional in the bankruptcy field. You don’t want to make a mistake that can harm your credit for a long time. Try visting a lawyer to make sure you understand the options.