subject: Debt Consolidation Or Bankruptcy – Which Is A Better Debt Relief Option For You? [print this page] Debt Consolidation Or Bankruptcy Which Is A Better Debt Relief Option For You?
In the year 2003 in America over a million people filed for bankruptcy. Every year the number is only increasing. Bankruptcy should be the last resort. The Bankruptcy Abuse Prevention and Consumer Protection Act makes life hard for common people of America. They find it difficult to file for a chapter 7 Bankruptcy. A breathing space can be acquired by filing for a bankruptcy. There is a time between filing and discharging the bankruptcy papers. Use this time effectively to think over.