The general rule of thumb is you should start considering bankruptcy if it will take more than 5 years to pay off your debt. With your income you should have it paid off in a year or two. This is a no brainer; don’t declare bankruptcy. Buckle down and pay your bills. I’m not sure if you could even declare bankruptcy if you’re making $60k. The judge has to approve it and if it’s clear you can pay your bills but just don’t want to your request will probably be rejected.
Hi. If there is no money, then of course the best option would be to get a loan to solve financial problems. But if you took out a loan and there was not enough money to solve the problems, and all this led you to bankruptcy. I was in such a situation when an accident caused debt I was in complete despair and did not know what to do helped me https://attorneydebtfighters.com/car-accident-leads-bankruptcy/ to solve all my problems with bankruptcy. I am very grateful.
Hey! If you have a small amount of debt, then it is a good option to take a small loan from some reliable borrowing company. I can advise you on www mytploffer com reviews because here you can find a lot of reviews on good loan companies.
But remember that you can take out a loan only if you are one hundred percent sure that you can eventually repay it!