While bankruptcy carries a nasty cultural stigma with it, it may be a very positive choice for a number of indebted individuals to help them lighten their financial burden. Here is a list of the possible benefits that bankruptcy can bring:

1. Allows for the “discharge” of most, if not all of your debts. This means that you are no longer legally obligated to pay the debts.

2. Prevents property from being repossessed, or it may require creditors to return property that was repossessed.

3. Stops the collection process. This means that creditors must stop attempting to collect on the debts.

Share This

When I first went off to the wilderness I was with a small group of kids who all had asthma/eczema, diabetes, epilepsy, cystic fibrosis or some such ailment. I attended a special boarding school for kids who suffered from different illnesses to the point that they would usually be permanently hospitalised. Our first ‘wilderness’ camping trip took all of these ten and eleven year olds out to a field in the south east of england. It was surrounded by ancient woodland, huge lakes and nothing but countryside. We had to get our water from a natural spring and cook over a fire and sleep in tents.

Share This