Finance101 guide: Should I file for bankruptcy?
Bankruptcy often seems like a death sentence — the media often links the proceeding to majorly public scandals like Enron, Lehman Brothers or Real Housewife Teresa Giudice’s IRS troubles.
The truth is that bankruptcy doesn’t necessarily mean the end. It could be an opportunity for you to reorganize and come back stronger than ever. However, whether or not bankruptcy is right for you depends on your unique situation.