How to find alternatives to bankruptcy ...

Filing for bankruptcy, your life very difficult because the black mark will stay on your credit report for 7 years and will be viewed by future creditors, landlords and employers, too. ... .Fortunately, there are alternatives to bankruptcy, not ruin your credit.Difficulty: EasyInstructions1Negotiate with your creditors. ... .Many creditors will receive nothing if you declare bankruptcy, so they try to basically ready for alternatives. ... .Your creditors may try ready to reach agreement on some of the money owed to accept them rather than take the risk, funds you recover your debt in bankruptcy proceedings.2Consolidate. ... .Alternative debt consolidation offers the opportunity to all of your debt to the creditor (usually a bank) that do to you at an interest rate much lower than prices generally higher on credit cards and other debts. ..3 Register Take no action instead of bankruptcy .. ... .If you do not have wages or property, you are "the trial evidence," which means that the ruling would not affect you. ... .However, if you buy a good or a stable income in the next 7 years, the creditors can create a plan proceedings.4Make formal proposal to your creditors. ... .In the U.S. you can file a "plan for employees" under Chapter 13, you can make payments for distribution to creditors. ... .One of the employees in the plan up to 5 years.5Attempt debt to fulfill. ... .If you have a possibility to find can pay your debt, you avoid the stigma of bankruptcy on your credit report. ... .You can repay part or find an additional source of income ....