Avoid Bankruptcy
The first but definitely not the easiest thought that comes to most people when they are neck-deep in debt is to file bankruptcy. Filing bankruptcy seems to be the last straw left in the deluge of unpaid bills and abusive creditor calls. Credit cards should be given the lion’s share of the blame behind reckless spending. Credit card agencies will tell a person that it is he or she who should know how to use the cards.
What You Should Know About Bankruptcy Bankruptcy and Buying a Home Senate Passes New Bankruptcy Law One in five Britons with high debt considering bankruptcy - Banking Business Review Refco Exits Bankruptcy Protection - New York Times Avoid homeowners insurance mistakes, and avoid problems later - Market Watch How to Avoid Merger Heartburn