August 31, 2010 3 Comments
The theory is, that bankruptcy brings peace of mind. Bankruptcy is not a punishment. The theory is that bankruptcy is a legitimate fresh start for those in legitimate financial difficulty.
They’ll tell you – or your client- that you’ll be able to sleep well again, that bankruptcy will improve your quality of life. That you/ your client won’t have to repay their debts, just by making some private administrator simple regular payments. That Bankruptcy only lasts for 3 years and is recorded on one’s credit history for a further 4 years but there are no restriction during this time. Read more of this post