With my house in danger of forclosure as this is what I put up for collateral when I made a business loan back in 2006, I had no choice but to decide to file for bankruptcy so at least my assets will be sold and I can still have some money left to me. I talked this over with my husband and my lawyer, but they both refused to give in to this idea so I asked them what more can we do to save ourselves as we had only two more months to make a miracle to turn around the business we had.

But my lawyer, having a good mind through all these troubles advised me to go to a financial institution or a financial consultant to know other options, but since I told him this needed more cash which was something we are short right now, I told him I can’t afford it, but good thing he referred me to www.outtadebt.com which was such a great and helpful online financial advisor and even offered one for free! So I took upon this chance and surely they were able to help by suggesting the bill consolidation as a measure as this can drastically cut the current interests I was highly paying.

He said the reason we were in so much debt was not because we were not earning, but we were earning but the interest in loans and such eat it up leaving us with nothing, in fact, if the rates and interest decreased we could just about make it. With that said, It really encouraged me to go through with this and now I am more confident we can make it out of this trouble without having to declare bankruptcy.