What would happen if i file bankruptcy?
Lots of people think that once they’ve filed for bankruptcy they will be unable to ever get a loan again, and ultimately they are unable to do anything financial ever again. This isn’t always true, there are–always ways to improve your financial standing, and there are also ways to repair your damaged credit rating.
Many people or firms are wanting to file for bankruptcy because of they are unable to pay off their debts. That’s why they will file for bankruptcy because they have financial crisis.