File Bankruptcy Online

There are many reasons why a person would want to file bankruptcy online. I personally had to do it, not because I wanted to, but because I simply couldn’t pay the creditors.
Some people file bankruptcy online or otherwise because they have always planned on doing it, and they do it to take advantage of the system. To me this behavior is abusive and I believe that everyone should be able to file bankruptcy once and twice at the most but not like 2 bankruptcies and a foreclosure. When someone files 2 bankruptcies and a foreclosure it tells me 2 things: 1) they are running up their credit to live above the means of what she/he can afford and doing it to abuse the system and 2) they are just financial idiots. The reason that I don’t believe people should be given more than 2 chances at how to file bankruptcy is because if they don’t learn it from the first couple of times you will never learn. With people abusing the credit system is precisely what’s making bankruptcy hard to file today for people who legitimately need to. The same attitude is also causing all the foreclosures - people buying homes they really couldn’t afford and when interest rates increase they no longer can afford the payments anymore. This posting if more directed to people who are filing bankruptcy for the first time or want to know how to file bankruptcy online. For those who are filing bankruptcy online as recreational sport, the hell to you! You are the ones causing the financial turmoil in this country, you don’t need any help! For those of you who legitimately need to learn how to file for bankruptcy I would suggest chapter 7, not chapter 13 since you still have to make payments. Chapter 7 bankruptcy is a total relief of your debt with the exception of government or student loans. Filing chapter 7 bankruptcy will give you a new start and be thankful about it and don’t make the same mistake again!.

How to Avoid Bankruptcy

How to Stop Bankruptcy

Learning "how to avoid bankruptcy" can often times be more inconvenient and pointless than actually filing for bankruptcy. If you believe this to be the case, read my other article how to file for bankruptcy. If not, keep reading as I will give some pointers on avoiding bankruptcy so that you can get your finances (and your life) back on track as fast as humanly possible!

Make sure your expenses do not exceed your income. This one is common sense, but needs to be mentioned. If you are clearly spending more than you make, the math obviously does not work out and you may be on the road to bankruptcy instead of avoiding bankruptcy. You need to figure out what is realistic for your budget and work with it…not against it. This is the biggest and best way to stop bankruptcy before it starts.

Second, make sure you are always making more than the minimum payment on all your credit cards. Do not make just the minimum payment; doing that is a sure fire way to get into more debt than ever because your balance will never go down! You will be swimming in debt! Paying the minimum payment is basically like simply paying the interest and nothing else. If you plan to avoid bankruptcy, make sure you are paying off good chunks of your balance each and every month consistently. Set aside extra in your budget for this.

Another thing to consider is if you are only buying things you need. If you waste away a lot of your money here and there on Starbucks or the latest tech gadgets, you will see your extra money dwindle away very fast. This is definitely not how to avoid bankruptcy, so don’t continue this bad habit. While it is easy to tell others "how to stop bankruptcy", doing this ourselves is not always easy…as we all know.

Make common sense become common sense again and you will almost certainly avoid filing bankruptcy easily! Ask yourself each and everyday “how do I avoid bankruptcy?” Get this into your head and you will make much more conscious decisions when you spend money. Being more conscious is the key to how to stop bankruptcy. This is something we can control and we should use our thoughts to control the urge to recklessly spend money we don’t have. Stay out of trouble, folks. Be mature and be smart.

However, don’t let this stop you from treating yourself to something nice once in a while. We need to indulge sometimes. Every so often buy yourself something you want (that you can afford). After all, life is not all about boring budgets and responsibilities. It is about enjoyment, too. Just make sure whatever you buy and the frequency of what you buy is within the lines of your finances and does not push you into bankruptcy. Remember, we are trying to stop bankruptcy here – not cause it.

Keep asking yourself as a daily exercise “how can I stop bankruptcy?” or “how do I stop bankruptcy?” just as you do any of your other daily tasks. Avoiding bankruptcy must be looked at as a daily upkeep that you must work at. You have to have strength everyday to keep yourself in the mindset to stop or avoid bankruptcy. If you do this, you will know how to avoid bankruptcy and you will be just fine!