How can you avoid filing bankruptcy?

Bankruptcy – does anyone like filing bankruptcy? I believe none would want to even think of it. But strained circumstances at times force people to go for it. Debt is a part of life and we cannot actually avoid it. In this fast pacing life, we sometimes come under the burden of debt. We cannot help using credit cards. Loans are inevitable to purchase a car or a new home. With scanty money in hand, we may not pursue our dreams. Then we go for loans, namely home loans or car loans, to get them. We tend to overuse our credit cards. We also keep more than one credit cards at a time and while the time comes for payment, we forget the amount of payment for each card. In this way the creeper of debt grows up and when we realize that it has gone beyond our ability to repay, we consider filing bankruptcy. We then assume this is only way out to save us from not paying, which is utterly far from our capacity. But, I know that we all understand the negative and dreadful impact of filing bankruptcy in our life. We also realize how this will badly affect our credit. This may even shut all doors for our future plan to get a loan to buy a dream house. Nevertheless, at times, in the crunch plight of our lives, we are helpless and opt for filing bankruptcy. We think of the present and want to live for the time being. It hurts, doesn’t it?

I have found out two videos from YouTube, which elaborately explain how we can avoid going bankrupt and still manage to breathe fresh air in a suffocating condition of life. Enjoying watching them.



Look at the second one. It may look a little bit hilarious but this is also worth watching. Have a look at it and try to manage your financial life accordingly. You will surely not have to even contemplate to go for bankruptcy.



Hope you may be a little relaxed now. If you have any query, please get back to me at my email id. I would love to hear from you and would try to help you in not filing bankruptcy. Best of luck.