Comments on: How Bankruptcy Affects Your Financial Reputation

By: 10 Critical Money Management Skills Your Children Need You To Teach Them | The Wisdom Journal

Tue, 13 Oct 2009 11:42:35 +0000

[...] your 18 year old the importance of establishing a sterling credit reputation before they go off to college so they can know how to handle the temptation to get more credit [...]

By: Ron

Ron — Thu, 08 Oct 2009 10:43:57 +0000

Debt management counseling is required for chapter 7 filers. If you’re going chapter 13, it’s implicit in the process as well. Getting debt counseling before filing for bankruptcy is ALWAYS a good idea.

By: Andrew @ Financial Services

Andrew @ Financial Services — Wed, 07 Oct 2009 15:46:59 +0000

Thanks for the info. I have read that it might be better to get debt management/debt counseling before rushing into filing bankruptcy, would this be a wise move? I assume that it still depends on the situation I assume?