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looking into bankruptcy is to get the latest version of the Nolo Press book on personal bankruptcy.

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Q. I have put off for almost 3 years from going bankrupt. I live about 75 miles north of Sacramento, and want to do this a cheap as possible. I know that it is stealing,and that is what I put it off so long. It isn't that much maybe 13,000 dollars, but we don't have it and probably won't have it. Can anybody make suggestions, even mistakes that you have made?

A. If you decide to declare, it's very important to waste no time. Bankruptcy law is soon to change and when it does, your creditors will be able to keep you in legal bondage for many, many years. The change is retroactive, meaning that the new law will apply, regardless of what the law said when you started your debt. The new law offers neither mercy nor escape I'd say that a good first step in looking into bankruptcy is to get the latest version of the Nolo Press book on personal bankruptcy. Lots of practical, layperson-friendly information and help.

 


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