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  • my dh may declare bankruptcy. does anyone have any experience with this? or any advice?

    3 replies [ Reply | Watch | Options ]
    08.03.08, 01:23 PM [ Flag ]
    • It is very hard to do now since the bankruptcy laws changes last year. Is it personal or business?

      [ Reply | Options ]
      08.03.08, 01:27 PM [ Flag | link to this post ]
    • its not a panacea. you should speak to the lawyer and get all your questions answered.

      [ Reply | Options ]
      08.03.08, 01:50 PM [ Flag | link to this post ]
    • I dea with bankruptcy all the time at work. IME, people overestimate how much bankruptcy will help their near term financial situation and underestimate how siginifcant the impact will be down the line. Many people think a bankruptcy will only impact you for 7 years, which is an urban legend. Talk to an attorney and a financial advisor with tax knowledge first.

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      08.03.08, 02:04 PM [ Flag | link to this post ]
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