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(also known as Chapter 13 Bankruptcy)
Bankruptcy is a legally declared inability or impairment of ability of an individual or organizations to pay their creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed. In the majority of cases, however, bankruptcy is init... more at Wikipedia

Treatment Success Rate

Top 5 Communities
Condition Members Success
Financial Challenges
199
82%
Stress Management
1
0%
Overall, 82% (200 Members) find Filing for Bankruptcy helpful
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Filing for Bankruptcy Reviews

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Working / Worked
did a CP just one step below banruptcy in Canada, so far has saved my life, was pay 700./month for 4 years now 150/month for 4 years
Working / Worked
It only put off the inevitable, but allowed us to stay in the house 8 months longer than if we hadn't
Working / Worked
Filed ten years ago and am still trying to figure out if I made the right move. After filing it took six months for me to get that emotional monkey off my back and to be able to relax. I still have a fear of phones at home. I don't answer my phone anymore, let the machine get it. Even thou creditors aren't calling and haven't called in over ten years, some things die hard...if ever.
Working / Worked
Husband's ex had filed for bankruptcy while they were separated and then the creditors came after him for
$ 60.000. So he had to file for bankruptcy. But at least we have that monkey off our backs.
Working / Worked
we have just come out of bankruptcy
Working / Worked
Filed for bankruptcy 3 years ago.
Working / Worked
It was a temporary fix. It makes the problem go away but my dream of owning a house further away.
Working / Worked
before i got married to my hubby.
Filed for chapter 7 and it has eased all the burdons and has given me a chance to restart over fresh.
Working / Worked
What a relief when the calls stop coming and you can start repaying.
Showing 21 - 30 of 291 Reviews
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