1. Devin shumake

2.  Should be considered if your one the things below describes the issue your in  Heavily in debt  Threats of foreclosure  Drop in income  Difficulty paying bills  Insufficient income  Loss of income due to a disability or divorce

3.  Give you a fresh new start.  Get rid of some previous bills  Let you rebuild your credit

4.  Give you more privacy  Help you keep valued possessions  Closed bank accounts  Help get you a mortgage

5.  Depending on situation of the bankruptcy you still may be able to keep your property.

6.  The law requires that before you file you receive proper education from a financial counselor.

7.  Can start rebuilding your credit  Discharge some bills such as: credit card, medical, loans, and judgments based on car accidents

8.  Loss of privacy  Loss of valued objects or people  Closed bank accounts  Loss of luxury possessions  Hard time getting a mortgage

9.  They add additional charges to credit card  Transfer there property out of their name  Cash in retirement accounts  Ignore pending law suits  Treat some creditors better than others