Bankruptcy Consequences & Solution

BANKRUPTCY Consequences & Solution What leads People to Bankruptcy? Medical Expenses Unexpected Expenses Job Loss BILL Divorce Poor/ Separation Excess 奔 use of Credit 43% People spend more than they earn each year. 2 out of 3 have lost a job. Half have experienced a serious health issue. 26% are men filling alone 30% are women filling alone. How to get rid of your Debt? Pay debt with smallest balances first. Pay the minimum payment on others. WHY IT WORKS Smaller amounts can be paid off quicker, allowing you to see your progress faster. Pay debt with highest interest rates first. Pay more than the minimum payment on others. WHY IT WORKS Attacking large interest rates first cuts down the total finance charges you'll pay, which is financially smart and keep more money in your pocket. Always be sure to keep making minimum payments on all debts. It will be helpful in getting rid of Bankruptcy. Jameson Smith & Co. Designed & Developed In Public Interest By "your protection is our priority" source: http://www.wikihow.com/Avoid-Bankruptcy http://www.investopedia.com/financial-edge/0310/top-5-reasons-people-go-bankrupt.aspx http://www.clearbankruptcy.com/financial-literacy/10-leading-causes-of-bankruptcy.aspx www.companydebt.com