Most of us probably worry of what tomorrow holds for us and our beloved family. It is but normal to have that feeling especially when work is unstable. What would you do? Just the other day, we were driving the neighborhood and scouting for rental property along the beach. There were quite a few condo unit with "for sale" sign. My thoughts wandered on the former owners on those properties. There were short sales and in most cases, I knew that the option was there to avoid bankruptcy.
"A big part of financial freedom
is having your heart and mind free
from worry about the what-ifs of life."
from worry about the what-ifs of life."
So far, to avoid having to deal with bad credit history, short sale is a great option but, if there is no other means, let it go and stop worrying. If bankruptcy is the last option there is so; be it. If you live in North Carolina, check the nc bankruptcy laws in your state. Do that as well if you live in other states. Start a new life and learn to live according to your means. You will not be financially ruin for life if you act now. I know two families who filed bankruptcy and after 5 years, they are still together, got their jobs, got their house and they are happy. It might work for you too.