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Re: Huge CC Debt - Advise Needed - Follow Up


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Posted by Stopped Paying (68.106.21.79) on September 26, 2003 at 15:25:14:

In Reply to: Re: Huge CC Debt - Advise Needed - Follow Up posted by Hopeless in TX on September 26, 2003 at 14:03:51:

This is called “informal bankruptcy”
It is a very effective strategy for many individuals especially in states like Texas.

Read an excellent text describing this at the following link.


http://www.ausubel.com/creditcard-papers/informal-bankruptcy.pdf



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