Thread: I am just PO'd
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Old 07-08-2015, 01:59 PM
  # 13 (permalink)  
thomas11
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Join Date: Feb 2015
Location: MN
Posts: 8,704
Artfriend, you will just have to trust me on this. Bankruptcy may be tearing at your personally, but it is not a big deal...at all. And while you may think you're credit is ruined for 10 years, its not. I live in the US too so I can't imagine the laws are vastly different from state to state. I have known so many people that have filed, and came out of it 10 times better for doing it. Having a small business, many of my friends also own businesses and this subject comes up often. And people do it often, both personal and business bankruptcy. There are companies out there that specialize in helping you repair your credit. Just recently had a friend file, he was over a half million in debt, waited 6 months started DBA (doing business as) another company and is doing very well because he is not paying interest on over a half million dollars. Don't lose sleep over it Artfriend, you will be fine.
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