Should I file bankruptcy?

Answers:1   |   LastUpdateAt:2012-10-25 21:13:02  

Question
Meredith
Asked at
My credit is getting worse and I do
Answer1LivieAnswered at 2012-10-25 21:12:20
Late payments stay on your credit for 10 years. Bankruptcy stays for 7 . If you decide to file , you should throw everything in the pot . If you have to start over, get the ability to do so . That's what bankruptcy is for . Lenders understand this and charge interest rates very profitable and fees to compensate. The people that I do not care about you , you are a number , they want the money . If you sacrifice your credit , sacrifice for a reason.
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