Tuesday, November 23, 2010
What if my Bankruptcy makes my creditors angry?
Creditors are scary folks and aren't known to be understanding when your back is to the wall and you're stuck in dire straits. If they were, you would never need to consider Bankruptcy.
Speaking of which, people worry about how creditors will react when the word Bankruptcy is brought to the table. Will they release the hounds?! Will they stalk me in the streets?! Will they spring a trap door beneath my feet?!
Not exactly. In fact, that's pretty far from how they'll react. Let's discuss how Bankruptcy causes Creditors to evaluate you differently...