0
Bankruptcy ruins your credit for about 10 years but if you can only afford to make minimum payment on your credit cards and your balance is not getiing smaller you may have to go that route. Personally I would not file unless my debt was over $20,000 and even then I would try using one of the debt counseling agencies. Sometimes they can consolidate your debts and get you a lower interest rate.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
How can a bankruptcy service help me?
Bankruptcy services can give you all the information that you need. They can tell you all the pros and cons of filing.
What are the pros and cons of contracts?
personal injury lawyer
What are the pros and cons of municipal bonds?
You can read about the pros and cons of municipal bonds at www.100besteverything.com › Best Personal Finance. Another good site is www.ehow.com › Personal Finance › Investing › Bonds
What are pros and cons of court unification?
The pros and cons of court unification vary depending on prospective. These include legal training for judges and the standardization of jurisdiction, procedure and personal qualification.
The pros and cons of physiocrats?
pros and cons of physiocrats
Pros and cons of jury selection?
what were the pros and cons for the nulification
What is pros and cons of the Oregon Trail?
pros an cons of the Oregon trail
What are the pros and cons of green computing?
cons would b that they ave some personal inforamtion inthem that might not have been deleted.
What are the pros and cons of monarchy?
pros: goodness cons: badness
What are the pros and cons of evidence based policing?
pros are + and cons are-
What are the pros and cons of bankruptcy refinancing?
The pros to refinancing in bankruptcy are: You can refinance your home and pay off your trustees if you have enough equity in your home. You can save money each month and start rebuilding your credit. Cons: you'll need to wait untill your 37th month of bankruptcy if you don't want to be held responsible for the unsecured debt that you filed for. Interest rates will be higher and you may have trouble finding a lender.
List pros and cons of video games?
PROS CONS ----------------------------------------------------- Pros: Entertaining Cons: Mental conditions can be caused, Adicition, Expensive.
