Don’t Let Debt Collectors Take Your Tax Returns… File For Bankruptcy
A debt collector’s favorite time of the year is Tax Season. It’s what many Americans rely on to make it through the year. For some, it’s the largest amount of money they’ll ever have in their bank account. But it’s also the time when debt gets paid off. However, most of the time, this just digs you deeper in a financial hole, forcing you to acquire more of the same amount of debt from another source. So is there a way to keep your tax returns and clear your debt? Absolutely! Keep reading to find out more!
Don’t Let Debt Collectors Take Your Tax Returns… File For Bankruptcy
Bankruptcy is a perfect way to cut off debt collectors and keep your tax returns while doing it. Why would you continue to pay off debt with your tax returns every year, when you could just use your tax returns once and file bankruptcy, and be debt free for the rest of your life? To many people, just the word bankruptcy scares them. There has been a stigma against bankruptcy ever since the great depression. But the reality is, bankruptcy isn’t scary, it isn’t dangerous, it isn’t hard or scary….. Bankruptcy is genius. In some cases, bankruptcy can impact your credit but it is also extremely easy to work around that, maintain and rebuild your credit. Many people think when you file bankruptcy, it stays with you for life. When the fact of the matter is, bankruptcy does not stick with you like a felony, or take very long time to complete. No employer will ever know you filed, and it will literally have no impact on your personal or business life. The only possible impact bankruptcy could have on your business is to help it thrive and get a fresh start, debt free.