• Reasons to File Bankruptcy

    What is Bankruptcy?
    Bankruptcy is an option used by many people who are having difficulty repaying their debts and are looking for a fresh start. Popular reasons why people choose to file are:

    • preventing personal liability for a deficiency on a home through foreclosure, short sale or deed in lieu.
    • paying only the minimums on their bills
    • being contacted by collections agencies
    • receiving notices that their mortgage is being foreclosed upon
    • recent costly medical bills
    • recently lost a job
    • divorce, or
    • loss of a major client