Bankruptcy will hang with you like a dark cloud for a very long time. Even if people say it’s erased after 7 years, the stigma can last longer.
Just about any creditor is willing to enter into a deal for a payment plan to settle debts as opposed to taking legal action or taking property. Talk to them openly and honestly and you might be surprised how they soften their approach.
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Bankruptcy will hang with you like a dark cloud for a very long time. Even if people say it’s erased after 7 years, the stigma can last longer.
Just about any creditor is willing to enter into a deal for a payment plan to settle debts as opposed to taking legal action or taking property. Talk to them openly and honestly and you might be surprised how they soften their approach.