teal (Guest) - Give some more details about bankruptcy.What is chapter 7 and chapter 13 can you explain
more.

cda - If you are considering bankruptcy, you really should look for other alternatives out there before you go the BK route.  While the attorneys will probably tell you it’s an easy, cheap process and you’ll get Chapter 7 approved, the reality is that it’s very expensive, requires lots of upfront money, and it’s now extremely hard to get Chapter 7 from the courts.  Instead, you’ll probably end up in Chapter 13 which can cost you a lot more money than expected, and you have all of the negative effects of the BK on your credit report for up to 10 years!  There are alternatives that can help keep you out of bankruptcy, but you must qualify first, the programs are not for everyone.  You can try calling a company who can explain to you these other alternatives and help determine if you qualify and what program is best for you.  They’ll give you a free consultation if you call and will let you know if Bankruptcy is the best option you have.  Try them out, it’s worth a shot before ruining your credit for that long and having to deal with the lengthy court process……..

amanda (Guest) - Take control of your debt before bankruptcy becomes a possibility. Creditors are more than willing to settle people's debts, but it takes the right knowledge of how debt negotiation works. There is a wealth of information about the processes of debt negotiation, bankruptcy, fixing your credit, and much more at www.credit-advisors.com