When is it a Good Idea to File for Bankruptcy?
- June 13, 2019
- Thomas Adam
- Bankruptcy
Statistics compiled by the federal government suggest that between 2005 to 2017, 12.8 million people filed for bankruptcy. Despite this large number, there are many other people who are left uncertain about whether it is a good idea to file for bankruptcy. Although many people know that the accumulation of a large amount of debt that cannot be paid off is a good sign that it is time to consider filing for bankruptcy, there are also a number of other situations in which filing for bankrup[...]