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    Question Bankruptcy

    Hi,
    My friend is going to declare bankruptcy due to debt. I am new to forum and I want to know the risk factors that are involved when declaring bankruptcy.

    #2
    Originally posted by youngcarter3 View Post
    Hi,
    My friend is going to declare bankruptcy due to debt. I am new to forum and I want to know the risk factors that are involved when declaring bankruptcy.
    There isn't a quick answer to your question. The best advice I can give you is to read the "stickies" first here on the forums. That will help you tremendously in understanding the bankruptcy process.
    Filed Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
    I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions.

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