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< Financial Dictionary
Bankruptcy and Credit Counseling
The new bankruptcy law, which went into effect on October 17,
2005, states that before filing for bankruptcy, one must enroll in an accredited credit counseling program.
Christian-Debt Relief can provide you with a qualified analyst to determine if bankruptcy is an appropiate solution to your financial burden.
In fact, with debt settlement programs we may be able to help you avoid bankruptcy
completely. When you file for bankruptcy, it stays on your record for
10 years -- making it difficult to get a loan, find a job, or even rent
an apartment. For this reason, it has always been a good idea to try
debt settlement and explore your options before considering filing for bankruptcy. You will not suffer the same negative effects on your credit scores and you will actually be able to do business with your creditors again.
Learn more about our credit counseling, debt settlement, and debt consolidation programs. Fill out the form on the right side of this page for a free consultation.
Complete the registration form on the left for a free consultation. |
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