Home Consumer 

Story

Pros And Cons Of Filing Bankruptcy

Filing bankruptcy may be something you need to do if your debt is too deep to pay-off on your own, but consider the pros and cons first.

The American Bar Association recommends that you first contact a bankruptcy attorney to explain whether Chapter 13 or Chapter 7 is best for you.

Also, beware of the consequences of filing for bankruptcy. It could stay on your credit record for up to ten years.

More Headlines

Unclaimed Money

Do you have unclaimed funds? Check out this website and see if you are entitled to some money. Full Story ››
State of Indiana: Unclaimed Funds

Survey

Do you ever sell things online?

Wastebusters

News Center 7's Jim Otte and his Wastebuster's team uncover government waste and abuse from around the state and in the Miami Valley.

Provide Your Feedback

Are you having to change your lifestyle because of the economy? Share your story on how you're making adjustments. Full Story ››