What Does It Mean To File For Bankruptcy

Bankruptcy has had a bad rap for way too long. It's often been looked at in a negative way, and those that have filed have had a red mark on their back for years because of it. Bankruptcy is not a bad thing, it should be looked at as a way to start over again and a way to learn from the mistakes you made in the past. Bankruptcy may have had to be filed for a number of reasons, some of them being out of your control, including the loss of a job, a divorce, or an unexpected medical issue.