Financial Counseling
Financial counseling services can provide a plan for you to get out of debt and develop sound habits for the future. This is not easy because the debt did not appear overnight, nor can it disappear overnight. Consider a better alternative—consumer credit counseling. On a credit report, credit counseling can appear more positive than bankruptcy because credit counseling plans generally result in full repayment to creditors.
Bankruptcy is serious business. Your future ability to gain credit and employment could be seriously impacted. Don’t fall for the hard sell from attorneys.
You WILL pay...
The following are NOT canceled by bankruptcy:
- Alimony and child support
- Some student loans
- Court-ordered repayments
- Federal, state and local taxes
- Debts from fraud, larceny or theft
- Fines and penalties resulting from violations of the law (e.g. traffic tickets)
