Im about 30000 in debt... car loan, credits cards,ect should i file 4 bankruptcy?

what are some things i should know about bankruptcy?

Im about 30000 in debt... car loan, credits cards,ect should i file 4 bankruptcy?

What you should do is simple. Do what you agreed to do when you signed for the loan, credit card, etc. PAY IT BACK!!!

All these people think that filing for bankruptcy is the way to go. If you file for bankruptcy, it will remain on your credit report for 7 years. During that time you will not be able to get credit for cars, house, credit cards. You will lose your car if you do not own it.

Suck it up and pay back the debt you owe.

Im about 30000 in debt... car loan, credits cards,ect should i file 4 bankruptcy?

Well, I don't know the logistics of a Bankruptcy, but I think by filing as such, you will hurt your chances of receving loans down the road. I think it pretty much kills your credit.

Im about 30000 in debt... car loan, credits cards,ect should i file 4 bankruptcy?

wesley d ^^ above is a loan scammer!

%26gt;Beware of Advance fee Loan scams.

LOAN SCAM - Do Not Pay UpFront Fees.

Do not send money UpFront via Western Union or MoneyGram to any person or business in the

UK, Nigeria or Canada in hopes of getting a loan. If you do you will learn a hard lesson %26amp;

never see any Loan money.

Im about 30000 in debt... car loan, credits cards,ect should i file 4 bankruptcy?

Make a budget and stick to it. Set aside money for food, shelter, clothing (minimum requirement clothing) and mandatory expenses like utilities and gas. Take the rest and apply what you can to all your bills. If you don't have enough to cover them all, get a second job for a short time. Contact the creditors. Tell them what you are going to pay and when; then stick to it. It's usually cheaper for them to accept what you can pay instead of suing. Most will work with you if it is obvious you are trying and want to pay. Avoid bankruptcy, there are more problems than benefits. For more, go to daveramsey.com.

Im about 30000 in debt... car loan, credits cards,ect should i file 4 bankruptcy?

Lots of people think that once they閳ユ獫e filed for bankruptcy they will be unable to ever get a loan again, and ultimately they are unable to do anything financial ever again. This isn閳ユ獩 always true, there are%26lt;!--always ways to improve your financial standing, and there are also ways to repair your damaged credit rating.

http://badcredits.awardspace.com/Bankrup...

In fact one of the best ways to improve your credit rating is to refinance your home mortgage, this--%26gt;will help to improve your credit history in a number of different ways.

Im about 30000 in debt... car loan, credits cards,ect should i file 4 bankruptcy?

The chapter 7 bankruptcy is applicable if you have no regular sources of income. It works by reducing or clearing off all your debts. You can then make a fresh start without having to worry about having to pay your debts.

Once you file for Chapter 7 bankruptcy, the bankruptcy court assigns a trustee who works as an intermediary between you and the debtors. He oversees everything and checks out if the bankruptcy plan is going as planned.

http://get-out-of-the-debt-trap.com/cate...