Filing for bankruptcy has major and long-term consequences for your finances.
But for people who feel like they have nowhere else to turn, it can feel like the only option left. And with the pandemic causing record unemployment numbers, more people than ever are stressed about their debt, and potentially at risk of turning to this solution that will hurt their credit for years to come.
If you find yourself in this position, the National Foundation for Credit Counseling has a message for you: s…
Read the full article at: https://time.com/nextadvisor/credit-cards/nfcc-debt-management-plan/