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Why is the Fresh Start Program better than filing bankruptcy? Doesn that get rid of credit card debt?

April 26, 2017Bankruptcy credit card debt filing fresh program rid

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Why is the Fresh Start Program better than filing bankruptcy? Doesn that get rid of credit card debt?

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No! Changes to the bankruptcy laws have made bankruptcy a bad option, now you still may have to pay a good portion of your credit cards even after you have filed bankruptcy. Secondly, the bankruptcy filing stays on your credit report for 10 years and you can’t get rid of it, so the stigma of being “broke” follows you for a decade.