Every day we receive calls from people asking “what happens if I declare bankruptcy?” We usually tell people that declaring bankruptcy could be the best strategy for getting rid of debt and immediately improving a very difficult situation. In general, there are MANY benefits and MANY good things that happen when a person files bankruptcy. To name a few: chapter 7 bankruptcy wipes out credit card debt chapter 7 bankruptcy wipes out medical debt chapter 7 bankruptcy eliminates … [Read more...] about What Happens If I Declare Bankruptcy?