PUBLIC MARKS from adfunk with tags debt & ivas

If you have not ever experienced being in an active bankruptcy, and are considering filing one then you need to first imagine how long a period of ten years is. That is how long it takes for a bankruptcy to come off of your credit history. Believe me, Ten years is a long time. You can not get a cell phone account, a credit card, a car loan, pass a background check for a job application, apply to a rental agency. Even utility accounts will require a hefty deposit. Multiply this by 100. Everything will be beyond your reach. Yes you can get some financing but it will be so expensive you can not afford it if you are in this situation in the first place.

IVA (Individual Voluntary Arrangements) | Debt & Bankruptcy Advice from ClearDebt: The IVA Professionals Facing bankruptcy can be a difficult time. When the bills and the final notices mount up, and the phone won’t stop ringing, it can make you feel out of control and look for anything to make it stop.