Additional Financial Resources
Bankruptcy
Filing for bankruptcy will give you immediate relief from the collection actions of most of your creditors.
Advantages:
- You have to repay very little, if no money to your creditors.
- You can start fresh.
Disadvantages:
- A bankruptcy can remain on your credit report for 7-10 years.
- You could lose your job or prevent yourself from getting a promotion.
- A bankruptcy on your credit report could prevent you from purchasing a home or a car.
For more information or questions please feel free to contact our Financial Resources Group at 1-800-656-3920.
