To be fair, it really isn't that difficult to file bankruptcy these days either. The big change has been that people HAVE to go through credit counseling first (and it's really a formality), and they have to file a lot more paperwork, etc.
What does this mean? It means that it will likely cost you about $1500 with a lawyer and $100 with a credit counseling company to go bankrupt. However, if you actually need bankruptcy protection, it's still available. As it should be. Bankruptcy is one of the few programs out there that is actually a legitimate second chance without an easy way to exploit it.
Re: Yep, that sounds like democrats.
What does this mean? It means that it will likely cost you about $1500 with a lawyer and $100 with a credit counseling company to go bankrupt. However, if you actually need bankruptcy protection, it's still available. As it should be. Bankruptcy is one of the few programs out there that is actually a legitimate second chance without an easy way to exploit it.