"What Are Advantages Of Filing Bankruptcy" Discussion

Upsolve Community Member
My only regret is I let the problem snowball as bad as it did before I filed. 

Upsolve Community Member
♥️

Upsolve Community Member
Ashley, for me, personally, I have NO regrets about filing although a couple years ago, even though I am an educated person, the "B" word bothered me in a similar way that the "D" (divorce) word bothered me. It's the same thing, really. We hear these terms all of our lives that these are bad things yet they are there for a purpose. Going through either of them is not pleasant but the outcome brings Fresh Starts and it is now up to us to take positive advantage of our new day! Thanks for asking! :-)

Upsolve Community Member
Thank you Mark & Jacob ❤️

Upsolve Community Member
Hi Keshia! If you have not filed yet for 2021, there is no problem. you will be asked to provide info for the last two years you have filed. The Upsolve Learning Center has a terrific section, https://upsolve.org/learn/category/taxes/ and I hope you go take advantage of this info! Good luck to you! :-)

Upsolve Community Member
This resource should help! https://upsolve.org/learn/should-estimate-income-have-not-filed-taxes-yet/ 

Upsolve Community Member
In general, what matters is whether the tax deadline for the year has passed or not. Just remember that even if you haven't filed yet, an expected tax return would generally be listed on the forms! 

Upsolve Community Member
Some people have better luck with credit unions and credit unions can have advantages over big banks, but if you're going to file bankruptcy that might not be your best option. The article https://upsolve.org/learn/credit-unions-and-bankruptcy/ explains more. 

Upsolve Community Member
I just saw this article: https://upsolve.org/learn/checking-account-for-bad-credit/. It has some interesting suggestions and I think you'll find it worth your time to read. 

Upsolve Community Member
Try US Bank

Upsolve Community Member
That's a great question! Upsolvers, what's worked well for you? Any resources that have helped you make your decision? 

Upsolve Community Member
Hi Joe, Here is an article from the Upsolve Learning Center that may be of help to you! https://upsolve.org/learn/get-out-of-title-loan/ I hope this helps! :-)

Upsolve Community Member
There's more information about title loans here, if it helps! https://upsolve.org/learn/car-title-loans/