Consequences of Doing Nothing
Chip Parker today added to the discussion of the decision to file bankruptcy with a post including consideration of the future consequences of filing bankruptcy.
Chip listed possible adverse employment issues and rental housing as areas that might be impacted by a bankruptcy filing.
In my view, these possibilities need to be weighed against the equally real consequences of not solving a debt problem. For most considering bankruptcy, their credit record is already blotched; a bankruptcy filing is not going to be the first adverse entry on their credit report. Bankruptcy might be the first step to improved financial health.
I find myself fighting the fear clients have of the ” bankruptcy unknown”, closing their eyes to the precariousness of their current situation as though doing nothing is a worthy choice.
October 13th, 2007 at 5:09 am
Computer Security Tips
I couldn’t understand some parts of this article, but it sounds interesting
October 31st, 2007 at 4:59 pm
Computer Network Security
I couldn’t understand some parts of this article, but it sounds interesting
November 1st, 2007 at 9:40 pm
No Fax Pay Day Loan
I understand investment analysts who travel to Charlotte every so often praise payday advance loans
November 11th, 2007 at 8:11 am
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