The advantages of filing for bankruptcy include the reduction or elimination of non-priority (unsecured) debts, the immediate cessation of most collection activities and creditor contact, and the potential to retain certain assets.

Authors

• Person: Not available Organization: Harvard Federal Credit Union
  A Comprehensive Guide to Debt Management Programs

Sources

• A Comprehensive Guide to Debt Management Programs harvardfcu.org Harvard Federal Credit Union via serper

Referenced by nodes (1)

• bankruptcy concept