Use Bankruptcy to Your Advantage
banks just got a bail-out from the government (that is from you,
the taxpayer) of $15 trillion! And that is after the same banks
invented and originated over a trillion dollars of toxic loans without
investing a dime of their own money (they used the money of retirees
investing in pension funds and of other ordinary people). Has anyone offered you a bailout?
is help, though. You should immediately start analyzing with
great care if your entire debt is really repayable, given this
time of deep economic crisis. Upon closer examination, you may be
surprised to find that discharging all of your debt in bankruptcy may
be a much better solution than working your
tail off for decades to come only to see your money thrown into the pit of the ultimately unmanageable debt.
have played the bankruptcy "game" for years. What's more, the
banks have already risked and lost ordinary people's money (IRAs, 401(k)'s,
etc.) in the toxic loan products, and then managed to convice the
government to bail them out. You diserve no less.If you still have doubts or facing a moral dilemma regarding a bankruptcy, read this artricle.
Bankruptcy remains the only sure way to stave off foreclosure in non-judicial states, such as Virginia.
What's more, bankruptcy will help you stave off foreclosure and
possibly force your bank to give you a loan modificaiton you can truly
afford. In addition to providing a fresh start and freedom from
debt bondage, bankruptcy is one of the best foreclosure defense tools at your disposal.
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