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The time now is 10/29/08 - 16:34

Can settlement be better than bankruptcy?


RealCool.BIZ Forum Index -> Finance -> Bankruptcy

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burnaby
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Joined: 26 May 2004
Posts: 15



PostPosted: 07/12/08 - 05:43    Post subject: Reply with quote

I had a firm for three years. Starting my own business was the worst decision I have made. I just lost three years of my life for nothing. I wasted money and my time as well. All I had left of this firm is a huge debt I have to pay. I am thinking about declaring bankruptcy. Can settlement be better than bankruptcy?
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kim
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Joined: 01 May 2007
Posts: 17



PostPosted: 08/10/08 - 23:12    Post subject: Reply with quote

I think that settlement is better solution than bankruptcy. However I do not have much experience with this matter. But I really think you should talk with someone from debt settlement companies before making a decision about declaring bankruptcy. That way you will have all the information you need and you could bring your decision easier.
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