brankruptcy

[Alysia Newsom]

Has anyone had experience with bankruptcy? My husband and I are considering it after meeting with a debt management counselor that recommended it. We are trying to do everything possible to prevent this option, but the more we consider it the better it sounds. Our concern is how hard it will affect our future. We have nothing to loose as of right now, but our plans for the future will probably suffer. We had intended on starting a real-estate investing business and begin looking into the stock market beyond our mutual funds. Filing bankruptcy would alleviate the need for credit as much to get started, but it would take us longer to save up the start up money. Just looking for those that have filed to learn from their personal experiences.