"All
calls were returned promptly, [we] felt like we were in excellent hands,
and
well taken care of! - J.K. and M.K. - Fort Worth, Texas
...SEE MORE CLIENT COMMENTS
Drawbacks to Filing Bankruptcy
Bankruptcy isn't a cure-all solution to
every financial problem. There are a variety of downsides to
bankruptcy, but the negatives are typically very manageable. Below
are many common drawbacks to declaring bankruptcy.
Your credit will take time to recover...
But it typically takes 2
years (not 10) to rebuild your credit.
You'll have to take a credit-counseling class...
But you can do it online and in private.
There will be fees to pay...
But just a fraction of what you currently owe.
They'll be paperwork to file...
But we'll do most of it.
Student loans won't be forgiven...
But with other debt gone they may get paid more quickly.
You'll have to take a financial-management class...
But you can do
it online and in private.
