Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

The four unequal paths back to financial solvency
It's not something any of us would ever wish for. In fact, for many of us, it's our biggest fear. But in hard economic times, it's all too common to see people face what they'd prayed they'd never have to face. Maybe you are one of the people facing the day when your finances have become too much to manage, and you're wondering if there's even a way out from underneath your mountain of debt.
Well, there is - but not all deal-with-debt plans were created equal. Here is an outline of the four main routes people take when they've hit the wall and want the help of an expert to deal with their debts:
Option #1 - Bankruptcy
Negative credit report for ten years BK-13 usually requires 100% pay back of principle amounts borrowed over a five year period Attorney fees to file BK typically range between $3,000 and $5,000. Amounts paid into a BK repayment plan cannot be accessed in the case of an emergency. Typical payment on $40,000 of an unsecured debt would be in the $800 range for five years. Provides some protection for other assets if BK judge allows those assets to remain in the consumer's ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention