March 7, 2008, Newsletter Issue #86: Use bankruptcy as a last resort.
Tip of the Week
Bankruptcy isn't the end of the world, but there are a lot more options out there if you're in financial difficulty. Call your creditors and explain your situation. More often than not they are willing to lower monthly payments and erase late fees. There are also lots of state funded credit counseling services that help consumers get back on track. Make sure you do your homework.
About LifeTips
Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.
