Top Ten Questions (continued)
Question 7.
What are the advantages of Bankruptcy?
The advantages to a bankruptcy filing can be significant. Often it is the only thing that can save your home or can forestall the tax authorities from taking action against you. Bankruptcy also helps people who just can’t make ends meet because of a lost job, mounting medical expenses, or for other reasons. Erasing or substantially reducing debt such as credit card can dramatically improve your finances and quality of life.