Alternatives to bankruptcy

Reminder-  we've shot some simple videos that address some of the most common questions people have.  You can find them on youtube.  Here's one..   http://www.youtube.com/watch?v=qDH0SX7B9Dw

At least twice a week I get a phone call that asks the question “How much do I have to owe to qualify for bankruptcy”.  It’s a fair question, but not the right one.  The real question is about your ability to pay.  If you are unemployed, even a minimal payment can lead to ruin.  Sometimes, even if you can make the minimum credit card payment, you may be better off filing bankruptcy.

What's better for me in the long run- filing bankruptcy or taking a 401k loan to pay off my debts? In Florida, more times than not, a bankruptcy is the better option. Here's why.....