4 Steps To Avoid Bankruptcy
If you have major financial issues, filing for bankruptcy might seem like the most logical solution. However, it can have a long-term effect on your finances. Before filing for bankruptcy, there are some steps you can take to potentially lighten your financial burdens. Determine How Much Disposable Income You Have You need to determine what you can reasonably afford to pay each month towards your debts. All of your income after rent, food, and other necessities are paid should be going towards taking care of your debts.