Bankruptcy can be a painful experience. Or should someone just file bankruptcy to easily start over?
No money, just debt. Can most bankruptcy cases still be avoided? Why should it be avoided?
Bankruptcy is actually listed in the top five most altering negative events people can go through (along with divorce, disability, severe illness, and loss of a loved one). Why?
Well, the best saying to avoid bankruptcy is “control your money instead of it controlling you.” Each individual has the opportunity to make that decision, but how?
Bankruptcy.eu simply describes bankruptcy. It clarifies what it really is and means, looks at the laws in different countries, tells about the warning signs which can lead to bankruptcy, and finally gives some statistics about bankruptcy.