What happens when you are beyond broke? Well, you may have to file for bankruptcy. Join Cullen and Wendy as they discuss what leads to bankruptcy, what all that entails, and how you can come out the other side with a clean slate! You can still buy cars, homes and other things after bankruptcy!

Takeaways:

• Chapter 7 is the recommended bankruptcy filing for renters and people without assets.
• Learn the things that can and cannot be included in bankruptcy, and you don't have to claim everything you're financing!
• Once your bankruptcy has been filed, debtors that are included cannot contact you anymore.
• If you don't have anything to liquidate, there may be no debt to repay.
• Trust the process, and you will come away debt free and with a fresh start.
• Bankruptcies will stay on your credit report for 10 years.

Want to watch this podcast? Here's the link for our YouTube channel!

Check out our sponsor -- Rental Kharma
https://www.rentalkharma.com

Season One Intro Music: https://uppbeat.io/t/cruen/camping
License code: AACFPDP424VK449S