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Posted in Bankruptcy
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Question By
newport1311

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how do file bankruptcy

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Top Contributor
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You Don't, 

You Want to do everything you can NOT TO FILE!

Reply by
jaygee11

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Everyone has differnt reasons for why they are considering bankruptcy. Would you rather have no money and credit or No credit and money? 

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Since bankruptcy will absolutely kill your credit score for ten years, you really need to think hard before doing so, and some debts cannot be discharged in bankruptcy.  Look in the phone book for an attorney in your area that specializes in bankruptcy and offers a free initial consultation.  Make the appointment and really listen to what the attorney tells you.

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Talk to a lawyer.

Everyone's situation is different, and only a bankruptcy lawyer can give you the info you need to make a good decision. As mentioned, most of them offer a free initial consultation, so hit up a few lawyers and see what you get from them.
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Now - sometimes it cannot be avoided. If you got slammed with six-figures in medical bills for instance, yeah - bankruptcy is infinitely preferable to 30+ years of paying the things off. Also note that under *some* conditions, a Chapter 13 bankrupcy may actually improve your credit score. That said, only you (who knows your debts and income, and assets) and a alwyer (who knows the rules and limits) can sort that out.

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Get Attorney

Google bankrupcty Attonernies and call to talk to them. I filed for bankrupcty in 2010 my credit is around 700. It was the most freeing thing ever!

My home was worth $100,000 less than a paid for it, I had gone through a divorce, and had to move due to my job. (Military). 

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