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  • Bankruptcy May Not Be Your Best Option By: Robert Zangrilli
    (The following is not legal advice. For legal counsel regarding your situation, please consult an attorney licensed in your state).

    The most widely held misconception about bankruptcy is that it’s the debtor’s version of the “get out of jail free” card in Monopoly. While most people know that bankruptcy affects your credit for 7 to 10 years, very few people know that it’s possible that you’ll have to pay back the debt anyway, even if you file a Chapter 7 “straight” bankru...

    Tags: bankruptcy, avoid bankruptcy

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